The new shining feature of JOCs business and member companies in 2009
In 2009, three of JOC’s four main foreign trade member companies kept increasing and the profit was expected to be more than 70 million dollars, an increase of 38% over the previous year. The pet food industry which Great Wall Corporation exerted itself to maintain contrarian growth in the environment of the entire exports industry shrunk, and the annual exports reached 110 million dollars which exceeded 100 million dollars for the first time and continued to be top of the same trade in the whole province and in the whole country with an increase of 20% over the previous year. The insulating material EPS produced by Litian New Material exported overseas, exceeded 10,000 tons which quadrupled over last year. JOC exerted the whole advantage of chemical trade, industry and storage and actively developed its cooperation with multinational giant corporations. This year the imports of chemical raw material rose by one and a half times compared with the same period in the previous year, the imports doubled and market influence was further enhanced.
