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China Flat Glass Production Continued to Increase in Nov.2011

Post Time:Jan 06,2012Classify:Industry NewsView:354

(China Glass Network)The latest data from China National Development and Reform Commission showed that growing trends of China building material in Nov.2011were different. The output of cement grew slowly, but flat glass production was in the rising trend.

 

In Nov. 2011, the cement production was up 11.2% from a year earlier. Flat glass production increased by 7.1% compared to the same period of last year.

 

Excess capacity and repeated construction were serious in the flat glass field. Production increased at 17% in Jan-Nov.2011, reaching capacity of 6820 billion tons.

 

In addition, profit of China building materials increased by 53.1% in Jan-Nov.2011, achieving RMB 243. 7 billion(US $38.67 billion).

 

To restrain excess capacity and repeated construction in flat glass field, China National Development and Reform Commission issued a series of documents in Oct.2011. It also will take a series of measures to make adjustment on projects of flat glass production lines nationwide.

Source: glassinchinaAuthor: shangyi

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