(China Glass Network) According to Xinhua News Agency report on May 9th, there is much blindness in investment of flat glass industry and it led to the capacity rose quickly. MIIT has issued the The notice about inhibit flat glass capacity rapid growth and guide the industry develop healthy. It requires the local authorities to control the capacity of flat glass growth and guide industries develop healthily.
The notice says that the development of flat glass is good; however, there is conflict in product homogeneous, structure identical, repetitive construction.
According to statistics, the new flat glass production lines are 34 in 2010. The new capacity was about 130 million weight boxes. The total output is 6.3 million weight boxes. In 2010, the capacity of flat glass was only 630 million weight boxes. Capacity utilization has fallen to 70%. There are more than 30 lines under construction, proposed the production line. Repeat construction is seriously. The excess capacity symptom has prominent.
For these questions, the notice requires the local authorities to clean up overall construction projects. The new Flat Glass construction project must pass the approval of State Department.
