New Pacific Consulting Hosts 2008 China Industrial Trends Forum
Chicago, IL, January 27, 2008 --(PR.com)-- New Pacific Consulting, a strategy consulting firm focused on China’s basic industrial sector recently held their “2008 China Industrial Trends” forum.
The event brought together a panel representing various industrial sectors and around fifty executives from various industrial companies and investment funds. Panelists included:
Shirley Chen, CICC, Managing Director & Head of Private Equity
Michael Fagle, DuPont, Director of Strategy & Marketing
Michael Cati, Cooper Tire, General Manager
Tom McCawley, Owens Corning, General Manager
Matt Fish, Managing Director, New Pacific Consulting
The key trends panelists and audience members believed would have the greatest impact on their China business included:
• Diminishing margins in manufactured products.
o Almost all participants agreed that raw material costs will continue to rise while the price of finished products will fail to achieve significant increases. However, among various industries there was a consensus that 2008 will be the year manufacturers will have to start transferring higher raw material costs to customers.
• Property development
o Another year of government cooling measures will have negligible impact.
• Environment
o Investments in “dirty manufacturing” (even previously approved investments) will face unprecedented barriers. However, projects with “clean manufacturing” processes will be given a regulatory green light much easier than in previous years.
o 2008 is the nuclear year - The next few years will offer tremendous opportunities for MNC players in the nuclear sector.
• Urbanization and continued need for infrastructure
• Working with competition
o From licensing agreements to partnerships, a common theme was this is the year western companies need to recognize the strengths of key Chinese competitors and find ways to collaborate with their Chinese counterparts.
• Private Equity investments will increase
o Attendees agreed on various barriers that theoretically should slow PE investments in many of China’s hot sectors. However, the general consensus was with the amount of funds already ear-marked for China overall PE investments will see around a 30% increase in 2008.
About New Pacific Consulting:
New Pacific Consulting is strictly focused on industrial growth strategy for investment funds and industrial corporations. Our consulting teams specialize in industrial materials & machinery, energy, chemicals, building, auto parts and paper.
Contact:
New Pacific Consulting
The Center
20/F, 989 ChangLe Rd
Shanghai, China, 200031
Phone: +8621 5116 6878
Fax: +8621 5116 6899
info@newpacificconsulting.com
###
The event brought together a panel representing various industrial sectors and around fifty executives from various industrial companies and investment funds. Panelists included:
Shirley Chen, CICC, Managing Director & Head of Private Equity
Michael Fagle, DuPont, Director of Strategy & Marketing
Michael Cati, Cooper Tire, General Manager
Tom McCawley, Owens Corning, General Manager
Matt Fish, Managing Director, New Pacific Consulting
The key trends panelists and audience members believed would have the greatest impact on their China business included:
• Diminishing margins in manufactured products.
o Almost all participants agreed that raw material costs will continue to rise while the price of finished products will fail to achieve significant increases. However, among various industries there was a consensus that 2008 will be the year manufacturers will have to start transferring higher raw material costs to customers.
• Property development
o Another year of government cooling measures will have negligible impact.
• Environment
o Investments in “dirty manufacturing” (even previously approved investments) will face unprecedented barriers. However, projects with “clean manufacturing” processes will be given a regulatory green light much easier than in previous years.
o 2008 is the nuclear year - The next few years will offer tremendous opportunities for MNC players in the nuclear sector.
• Urbanization and continued need for infrastructure
• Working with competition
o From licensing agreements to partnerships, a common theme was this is the year western companies need to recognize the strengths of key Chinese competitors and find ways to collaborate with their Chinese counterparts.
• Private Equity investments will increase
o Attendees agreed on various barriers that theoretically should slow PE investments in many of China’s hot sectors. However, the general consensus was with the amount of funds already ear-marked for China overall PE investments will see around a 30% increase in 2008.
About New Pacific Consulting:
New Pacific Consulting is strictly focused on industrial growth strategy for investment funds and industrial corporations. Our consulting teams specialize in industrial materials & machinery, energy, chemicals, building, auto parts and paper.
Contact:
New Pacific Consulting
The Center
20/F, 989 ChangLe Rd
Shanghai, China, 200031
Phone: +8621 5116 6878
Fax: +8621 5116 6899
info@newpacificconsulting.com
###
Contact
New Pacific Consulting
David Anderson
(8621)51166877
newpacificconsulting.com
David Anderson
(8621)51166877
newpacificconsulting.com
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