Magnesium Oxide Enters New Time

   At present, the whole industry is facing some new difficulties and problems: the low competitive power of industry, the shrinking effective demand for magnesium oxide powder, low-level cutthroat competition because of the excess production capacity, and benefit drop. At the same time, the society has a higher and higher demands for energy-saving and cost-reducing, security and environmental protection in the magnesium oxide industry. Therefore, the magnesium oxide industry has entered a new historic developing period.

   In the last few years, affected by excess production capacity, the magnesium oxide industry’s market competition becomes fiercer. Under circumstance of growing capacity and sales, most of magnesium oxide manufacturers’ profit shows a downward trend because of the constantly climbing cost in crude fuel, labour force, etc. However, through the Chinese magnesium oxide manufacturers’ concerted efforts, the industry economic operation is stable on the whole. After taking various measures to reduce cost and increase profit, the full production capacity drops a bit. All in all, the overall benefit rise slightly from a year ago.
   At the same time, in technological innovation, the magnesium oxide industry always insists the three combinations. The three combinations includes the combination of introduced technology with digestive absorption innovation, the combination of self-dependent innovation with cooperation of industry-university-research, and the combination of technical research and development with technology integration industrialization. It can accelerate industrializing. After this, the magnesium oxide industry pay more attention to the industry transformation and upgrading through scientific and technological innovation. What’s more, it make a lot of progress in the aspect of new products’ research and development, technical upgrade and extend high added-value product.

   As a famous magnesium oxide manufacture and supplier in China, Meishen Technology has made a very big breakthrough in transformation, upgrading and optimize the allocation of resources. What’s more, Meishen Technology putted forward “upgrading competitiveness through innovation, promoting sustainable development through transformation, and creating a economic development model which integrates diversified industry.” And it built the strategic model of economic development which is diversified industry with distinct characteristics. At the same time, relying on the market network brand advantage fully, Meishen Technology greatly expanded the combination management of related diversified products, innovated trade mode at home and abroad. As thus, the performance of this magnesium oxide supplier and manufacturer is promoted greatly.