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Six Shares at the Outbreak with the MIIT Pushing Refractory Industry Joint Restructuring

Number of visits: Date:2013-1-24

According to the website news of Ministry of industry and information technology, t the ministry organized the formulation of the "several opinions on promoting the healthy development of refractory industry (Draft)" with the purpose to guide the healthy sustainable development of refractory industry, and to support and service in high temperature industrial."To improve the level of comprehensive utilization of resources and support capability, "said the document. By 2015, the high-end refractories are basicly self-sufficient, the comprehensive utilization rate of magnesite stone resources is not less than 90%, comprehensive utilization rate of refractory clay mineral resources is not less than 80%. By 2020, the comprehensive utilization rate of the two kinds of mineral resources is above 95% and 95% respectively.

Strengthen energy conservation and emissions reduction.

By 2015, the major energy-consuming equipment energy efficiency levels reach the first level, the comprehensive energy consumption of the main products is more than 20% lower compared with that in 2010, The total emission of sulfur dioxide, nitrogen oxides is decreased by more than 8% and 10% respectively compared with that in 2010, refractory materials recycling utilization rate is not lower than 50%. By 2020, refractory materials recycling utilization rate is higher than 75%.

Improve the industrial concentration.

By 2015, to cultivate two or three companies with international competitiveness, to create two or three new industrialization industry demonstration bases, the industrial concentration of the top ten companies reached to 25%. By 2020, the industrial concentration of the top 10 companies raise to 45% or so.

To promote joint restructuring.

To establish a new project with joint reorganization, backward linkage mechanism, the energy conservation and emissions reduction, adhere to the amount of dose or replacement backward production capacity. To strictly control the capacity growth, to speed up the optimization of stock. Regulating the market operation, to support the backbone enterprises in the industry, with the brand, technology, capital and other factors as elements, vigorously promote the horizontal joint reorganization, longitudinal extending industrial chain, the coordinated development of producer services, forming a large refractory enterprise group.

Optimize the industrial layout.

In accordance with requirements of the mineral resources planning and relevant policies, strengthen resources integration, optimize configuration of refractory clay, magnesium and other mineral resources, promote the resource utilization of large-scale, intensive, achieve quality optimal use. Priority to develop magnesia refractories in the regions of Liaoning, Shandong and other regions where are rich in magnesite resources. In Henan, Shanxi, Guizhou and other regions where are rich in refractory clay, priority to develop the aluminium siliceous refractory material. Support to create new industrialization industry demonstration bases in Liaoning, Henan, Shandong where have rich resources and good industry foundation.

Related stocks include: Ruitai technology (002066), Luyang share (002088), Punai share(002225), Beijing lier, (002392), Chenming paper, Yinji development, etc.

TypeInfo: Industry dynamics

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