Four measures Must be Taken in Abrasives Industry Upgrading

The iron and steel industry, nonferrous industry, cement industry, energy industry, chemical engineering, auto industry are faced with huge pressure of environmental protection problem. The same concern and responsibility goes for the abrasives industry - the "industrial teeth". On the one hand, the society has entrusted an important task of environmental protection to these companies. On the other hand, the restriction of capital and pressure made many companies difficult to survive. Industry upgrading is urgent. The article offers four measures suggested to be taken by abrasives companies.

Firstly, formulate detailed and pragmatic environmental protection systems that are beneficial to energy saving, emission reduction, industry structure upgrading, and economic structure transformation. For example, fee standards for pollution discharge can be set up to eliminate outdated production capacity. Meanwhile, abrasives companies ought to speed up research and development in high and new-tech, enhance investment in innovation, and facilitate company upgrading.

Secondly, nowadays, GDP is not as important as what it was. The process of urbanization is gathering pace. For abrasives industry, the market demand for abrasives products is high added-value products and concrete solutions for the construction industry.

Thirdly, abrasives companies with low production capacity can recombine and work together. At present, big-name companies have relatively complete environmental protection equipment. Small abrasives companies will merge with one another or taken over by huge companies.

Last but not least, abrasives companies can take the advantage of government's favorable policies to reborn.