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The speed of industry integration is accelerating, according to relevant personnel from the Daily Glass Association


Release time:

2018-04-02

On February 17, 2011, the Ministry of Industry and Information Technology released the full text of the "Access Conditions for Daily Glass Industry", which standardized the production process, variety, energy consumption, emissions, and other aspects of new construction, renovation, and expansion projects in the industry. The "Admission Conditions" came into effect on March 1, 2011.

On February 17, 2011, the Ministry of Industry and Information Technology released the full text of the "Access Conditions for Daily Glass Industry", which standardized the production process, variety, energy consumption, emissions, and other aspects of new construction, renovation, and expansion projects in the industry. The "Admission Conditions" came into effect on March 1, 2011.  
 
Industry insiders believe that the "Access Conditions" will become an important signal for the industry. In order to avoid being eliminated in industry integration, existing existing enterprises will actively align with relevant standards, and the industry is about to undergo tremendous changes. An official from the Daily Glass Association stated that whether it is the already released "Access Conditions" or the upcoming environmental protection standards for daily glass, this will accelerate the speed of industry integration and benefit leading enterprises to grow and strengthen.  
 
At present, there are over 500 large-scale glass bottle enterprises in China, with most of them having a production capacity of less than 100000 tons. Due to the low concentration of the industry, most enterprises have weak profitability and lack the ability to carry out energy-saving and environmental protection renovations. In order to take the initiative in the upcoming industry upheaval, some leading companies in segmented fields are accelerating their pace of going public. 


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