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How to resolve overcapacity in the magnesium carbonate industry

Hebei Meixi Biological Co., Ltd. stated that overcapacity is a prominent problem encountered by the magnesium carbonate industry in recent years, and it has caused industry-wide losses. To get off to a good start and curb the industry-wide losses of magnesium carbonate, it is necessary to do a good job in controlling the total amount, delaying the start of new equipment and reducing the utilization rate of existing production capacity, which should be the top priority of the industry’s work.

At present, the pattern of magnesium carbonate production exceeding sales is gradually intensifying. The continuous losses and low-price competition in the entire industry caused by overcapacity have overwhelmed the magnesium carbonate industry. It is very important to control the release of new production capacity and reduce the utilization rate of existing production capacity, which should become the main direction of the industry throughout the year.

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Existing magnesium carbonate production enterprises should conduct self-inspections in accordance with the requirements of industrial enterprise access conditions. Enterprises that fail to meet the conditions should take effective measures such as process adjustment and technological transformation to improve production levels and ensure that they meet the access conditions as soon as possible. The industrial authorities and environmental protection departments should urge enterprises to make rectifications, and enterprises that still fail to meet the access conditions after the deadline should be shut down or switched to other production.

In addition to the above requirements, reducing the capacity utilization rate of current magnesium carbonate enterprises can not only save a lot of resources and energy, but also greatly reduce the discharge of three wastes, and promote market stability. If this measure is accepted and implemented by all magnesium carbonate enterprises, 70% of the enterprises are expected to achieve no loss or slight profit.

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