2022 Summary and 2023 Outlook
January 13th, 2023

The New Year has quietly arrived. On behalf of all Trust Chem colleagues, I hereby wish all partners a happy New Year.

Looking back on 2022, the world is still reeling from COVID-19 as well as from other external factors including geopolitical tensions, fluctuating raw materials, and prolonged disruptions in global supply chains. These uncertainties in operations and work resulted in a continual increase in comprehensive costs. Despite the adverse and turbulent external environment, our determination to move forward remains unwavering. The Trust Chem Jinzhou plant has gradually started trial production, and annual output is expected to reach 10,000 tons of azo dye pigment after the first phase of production.

At this point, the Trust Chem Group (TC Group) will progress and strengthen integrated industry-university-research cooperations, and further integrate upstream and downstream resources to build a supply chain system based on strategic cooperative relations. At the same time, the TC Group will also improve the initiative of technical services, focus on the developing technology trends, explore potential demand from customers, act on the change law of customer demand, and launch timely products to meet customer needs. In a rapidly developing and changing pigment industry, the TC Group will comprehensively enhance the core competitiveness of its organization, accelerate the growth of high-quality enterprises, and improve the competitiveness of the industry.

As China effectively modifies epidemic prevention and control measures, and the effect of policies to stabilize economic development continue to take hold, the TC Group meets the year 2023 full of optimism. Once again this new year, Trust Chem will continue to color the world!