Some media reports said, “because of the difficulties in financing, fewer projects, and policy pressures, the current small and medium-sized magnesium oxide enterprises have not closed down, or they are on the way to bankruptcy.” Despite the exaggeration of the results, the enterprises are currently in a difficult situation.
Now environmental protection is the industry trend, In order to seek a breakthrough, many magnesium oxide companies are moving towards environmental protection. Therefore, high-purity magnesium oxide and nano magnesium oxide have become the focus areas of enterprises. However, due to lack of sufficient financial support, there is no effective financing channel. At last it is still in the name of environmental protection, the main products are light magnesium oxide.
Due to the lack of corporate reputation and brand influence, small and medium-sized magnesium oxide enterprises do not have the inherent dealer channel layout as the big brands in promoting nano-magnesium products. They can only conduct investment promotion agents from scratch. High-end positioning of nano-magnesium oxide, high requirements for corporate image and qualification strength, leading the development of research and development difficult to put into production.