ANBOUND: China's Chemical Industry Will See Extra Stringent Regulations
ANBOUND
The 8/12 blasts in Tianjin port has elevated the public concern on the safety of the heavy chemical industry. Anbound's research team is of the view that all levels of governments will conduct stringent checks on the production, transportation and storage of the hazardous goods. This will have a positive impact on the safety level of the heavy chemical industry in China. However, individual enterprises might be affected during the process and they might have to cut or even stop their production. It is inevitable that the chemical industry will be affected temporarily.