This allows envion to make use of energy overcapacities
in a profitable setting.
Due to massive overcapacities, 60% of Chinas aluminium industrys production is loss-making.
Today, Chinas overproduction and overcapacities are undermining companies and destroying jobs around the world.
G20 leaders must thoroughly assess the impact of state-subsidised overcapacities on global markets and endorse sustainable and fair trade, which is made secure by effective Trade Defence Instruments (TDIs).
The impact of Chinese overcapacities is being felt in nearly every sector of European manufacturing from A, like Aluminium to Z, like Zero-Emission Technologies, points out Nitzschke.
Tremendous overcapacities have also been the subject of a recent analysis by Roland Berger on behalf of the European Chamber of Commerce in China, impressively confirming that the problem affects far more than the steel sector.
Already existing overcapacities
in markets had been exacerbated by Russia's ban on pork product imports, in retaliation for the West's sanctions against the Kremlin over its perceived role in the Ukraine conflict.
The move "has become inevitable due to the high EPS (expandable polystyrene) overcapacities
in Asia Pacific that have developed in recent years."