The excess production capacity of magnesium oxide industry is the overplus on configuration. Therefore, as far as the magnesium oxide industry, the most important task is the structural adjustment at present. A professional magnesium oxide supplier ever said, it need to resolve excess capacity effectively through weeding out the backward equipment. At the same time, promoting magnesium oxide industry to optimize, recombine and extend industrial chain. In this way, it can improve the supply capacity of high quality magnesium oxide, and better to meet the market requirement with rapid upgrading speed.
In order to promote the optimization of this industry, it should restructure and extend industrial chain. At present, it should work from three aspects.
One, the state and local government should use industrial and fiscal policy to establish an incentive mechanism as soon as possible. In order to drive the backward capacity to exit, it depends on the law and more rigorous standards of safety, environmental protection, quality, energy consumption and other standards. Leading some enterprises exit the backward capacity actively through merging and reorganization, transformation, relocation and other methods. At the same time, it should set up prize and fund to encourage the enterprises to cut backward capacity.
Two, using the financial policy. For the enterprises and backward capacities which are in loss for a long time, lose solvency or substandard in environmental protection and safety production, in order to make way for resolving excessive production capacity, it should insist to cut down and exit related loan.
Three, the magnesium oxide should put the main energy to expand production chain, improve the industry’s developing innovative ability. In order to achieve industrialization, automation and fining, this industry also should focus on break through the key technology. The magnesium oxide manufacturer also should do it. In the next place, it should carry out the technology innovation in energy conservation and emission reduction, environmental protection safety, comprehensive utilization, circular economy and other items. Using the technological innovation to transform the traditional industry, weed out the backward technology and constantly adjust the structure upgrading.
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