Refractories industry accessing standards makes new progress

According to media reports, commissioned by the Ministry of Industry, China Association recently held refractories refractories industry access research forum, from China Association of Refractories, China mold material association representing public letter to the Office of Henan Province, and 50 large enterprises to explore developed on the refractory ore mining, industry access standards refractory materials, refractory products area.

Insiders said refractories currently facing overcapacity, industry access standards and promoting industry consolidation, improve resource utilization, and related listed companies will benefit.

In 2013, due to the decrease in the volume of orders, sales decline, cement, glass refractories enterprises compete to lower prices, payment defaults, resulting in refractories business funding constraints, some companies had to stop. China Refractory Industry Association on 52 producers of survey results show that in 2012 representing a decrease of refractories sales revenue of 4.29%, representing a decrease of 21.40 percent profit, trade receivables increased by 15.34 percent year on year.

Insiders said that the presence of resource exploitation of non-refractory industry standardization, waste and serious problem, especially blind investment and redundant construction led to the refractory industry from "structural surplus" to "full excess." And because the steel, cement, glass and other downstream industries refractory same overcapacity, profits have fallen sharply and other issues, the problem of refractory industry becomes more serious.

June 28, "to promote the progress of work in Henan refractories industry technical forum" in the new password, the meeting around the promotion of technical progress refractory industry expanded, the experts reached a basic views on the refractory industry standard enterprise 7 of 22 kinds refractory materials, 29 kinds of refractory products comprehensive energy consumption per unit of product limits and 34 kinds of refractory raw materials, product quality and technical standards were defined.