Output up, profits down for China coatings industry in H1
Published: Monday, 18 September 2017
The rising cost of raw materials such as TiO2 decreased profits at coatings companies in China in H1, according to the China Coating Association.
While the coatings industry increased output in H1 this year
profits dropped during the period, Lianying Sun, the director
of the China Coating Association said at the group's annual
meeting held in Hangzhou in the first week of September.
The reasons behind the decrease in profits were increasing