In the big waves of market economy, many enterprises have to choose “Huddling” strives for the development of magnesium oxide. To spread out their strength agglutination, protection industry profits together, can have a better future. Meishen Technology realize it deeply, actively organize industry leading enterprises to carry out the seminar, set up to develop a new direction in 2016.
On February 26, the domestic magnesium oxide production enterprise representatives and experts gathered in Hebei. Faced with unprecedented predicament market this year, mutual communicate and discusses the future development and opportunities of magnesium oxide industry. During the meeting, magnesium oxide production enterprise carried out in-depth exchanges and discussions about current problems, how to overcome the difficulties, industry information communication & publish and other work.
Domestic magnesium oxide situation is very serious, existing production capacity is 748000 tons, 2016 will also add 160000 tons, but it is about 40% of starts in the year, in serious overcapacity state. Downstream applications such as Wire and Cable, Dye, Adhesives and other traditional market have a limited demand for magnesium oxide. Facing these problems, the development of new demand and expand traditional demand is particularly urgent.
The production department director of Meishen Technology share the first set of domestic synthesis capacity of 100000 tons of magnesium oxide plant operation. He points out that the short process, low energy consumption of the high-end magnesium oxide production technology is one of the key to enhance the competitiveness in China. Meishen Technology will do a better job of industrial information collection, editing and publishing work, continue to push forward communication industry, further study of industry hotspot difficult problem, continue to carry out research work, provide support for the related service industries.