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​Excessive expansion of supply overcapacity in serious

Hangzhou Geecolor Chemical Co.,Ltd | Updated: Mar 03, 2016

2014 for turning capacity gradually clearing. Soda ash capacity from 2001 of 9.75 million tons in China increased to 29.52 million tons in 2015, an increase of 200%, since 2008, capacity utilization below 90%, and has been hovering around 80%. Since the beginning of 2014, industry productivity growth is slowing at the same time, some capacity especially the United alkali company began clearing, soda ash market supply and demand pattern in change. According to haitong securities, in 2014, there were 4 companies shut down or quit, and total capacity of 1.4 million tons in 2015, total of 6 companies total 2.17 million tons of capacity shut down or quit.


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