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Huge Overcapacity Of Low-end Magnesium Oxide

By Author: hu Allen
Total Articles: 487

The excess production capacity has caused the polarization among enterprises. There are many problem in the magnesium oxide manufacturers: massive over-capacity, unreasonable product structure, the low side efficiency of resource allocation. For this purpose, from second half of this year to next year, the magnesium oxide industry intends to speed up the supply-side structural reform and close down outdated production facilities.
Magnesium oxide suppliers should pay attention to vitalize the stock and optimize the increasing, and make full use of the measures of safety, environmental protection, energy conservation and so on. What’s more, they should resolutely weed out some products and processes with substandard emission and energy consumption. It addition, it priority controls some surplus products’ new capacity, such as magnesium oxide, magnesium carbonate, magnesium sulfate and so on. In addition, finding a way out of major products’ overcapacity through carrying out global cooperation on production capacity.
The magnesium oxide industry also should combined with strategic of “One Belt and One Road”, and actively develop international industrial capacity cooperation of key products. Therefore, the domestic magnesium oxide industry need to push some products to go out. For example, promoting product trade and industrial collaboration of high-end magnesium oxide in the foreign market, improving the domestic enterprises to participate in the international competition and enhancing economy development power. In the aspect of international industrial capacity cooperation, magnesium oxide, magnesium carbonate and magnesium sulfate still exist great potential for development. Therefore, we should push ahead with international cooperation of it.
In order to build the innovation system of industry-university-research cooperation based on magnesium oxide suppliers, it set up a group of development platforms, such as engineering research centers, key laboratory, engineering labs and so on. What’s more, it pays more attention to the nanometer magnesium oxide, silicon steel grade magnesium oxide, pharmaceutical grade magnesium oxide and food grade magnesium oxide.
Sunwen, the president of Meishen Technology takes three suggestions: one is to correctly understand the industry’s development new characteristic, and increase the pressure of supply-side structural reform and structural adjustment. Two is to enhance confidence and make great efforts to build the first-class magnesium salt industry system with magnesium oxide suppliers. Three, the magnesium salt association should build the service system which is fit with a magnesium oxide great country.

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