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Establishment of Sinochem Luxi Engineering Co., Ltd. to Promote Innovative Development of Organic Silicon Materials Industry

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Market dynamics: Recently, the domestic DMC market price has declined, currently maintaining around 12800 yuan/ton, a decrease of nearly 100 yuan/ton from the previous day. Individual factories face significant competitive pressure due to high operating rates, and overall have a strong willingness to accept orders. However, downstream enterprises have low enthusiasm for stocking up before the holiday, and the market has a strong wait-and-see attitude.
On the raw material side, the fluctuation of silicon metal prices has had a certain impact on the organic silicon material market. On the supply side, domestic individual factories face significant production pressure before the holiday. On the demand side, downstream enterprises stock up on demand, and the overall market remains stable.
At the policy level, organic silicon materials have become a highly concerned field. The latest policy catalog clearly encourages foreign investment in the development and production of new downstream products of organosilicon, covering the development and production of high-end products such as high-performance silicone oil, silicone rubber, and resin. Clear support policies have been implemented in Inner Mongolia, Jiangxi, Ningxia, and Xinjiang, providing strong support for the development of organic silicon materials.
In this context, the official establishment of Sinochem Luxi Engineering Co., Ltd. in Liaocheng marks an important step forward for Sinochem Luxi in promoting innovative development of the organic silicon materials industry. At the establishment ceremony, Wang Ligang, Secretary of the Party Committee and Chairman of the Company, stated that Sinochem Luxi will shoulder the mission and responsibility of promoting the upgrading, innovation driven, and green transformation of the chemical industry, actively practicing the "spirit and spirit" of Sinochem in the new era, inheriting and carrying forward the fine tradition of hard work and struggle of Luxi Group, and setting a new benchmark for the development of the industry.
The Liaocheng Municipal Party Committee and Government warmly congratulate the establishment of Zhonghua Luxi Engineering Co., Ltd. and promise to fully support the company's development, actively promote the expansion of the chemical industry park, continuously strengthen the green chemical industry chain, and contribute to the development of the chemical industry in the province and even the whole country.

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