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China Stock Listed Glass Companies Report, 2006-2007


Type: Marktstudie
Year: 08/2007
Publisher: Beijing RIC Information Consulting Co. Ltd
Language: english
Availability: available
Features of this market research:
  • The price of float glass continues to recover. The price of flat glass stopped declining and recovered in the second half of 2006. The average price of main float glass varieties in 2006 was 7%-9% (RMB 4-6/weight box) lower than that in 2005. In January of 2007, the price of main float glass varieties continued to rise, up about 2% compared to December of 2006.
  • The price of heavy oil, pure alkali, etc raw materials had declined dramatically since the second half of 2006. According to raw material statistics of contacted key glass enterprises, the ex-factory price of heavy oil was RMB 2165/ton in the fourth quarter of 2006, dropping 16.72% compared to the third quarter; the average price of pure alkali was RMB 2333/ton, declining 27.72% compared to the third quarter.
  • The economic benefits of glass enterprises recovered. Under the drive of product price recovery and raw material price decline, the flat glass industry started to gain profits since Nov, 2006. Flat glass industry achieved profits RMB 97.27 million from Jan to Feb of 2007, while it lost RMB 440 million in the same period of previous year.
  • Due to industry policy and the current development phase, the glass industry at the bottom is facing reshuffle, the acquisition and reorganization among the upstream flat glass enterprises will accelerate to expand. Some listed enterprises with poor operation but good basics will become the acquisition objective of foreign-funded and domestic advantageous building material enterprises, while the enterprises with small scale and large operation pressure will become the integration objective in the market or acquired by large enterprises. For example, Lenovo Holding has entered the glass market, it has acquired the controlling right of 7 domestic glass companies through its wholly-owned subsidiary of Hony Capital Limited and tries to form a domestic glass giant. Fuyao Glass plans to introduce Goldman Sachs as the strategic investor. Even industry giants like Saint-Gobain also become interested in China glass industry.

    The report introduces the overall comparison, performance, operation, investment, etc of 14 listed companies in the glass industry in China in details, and analyzes their main business structure and latest market trend specifically.

    105 pages
    About this market survey: The glass industry is an important basic raw material industry. Its products are widely applied in construction, traffic and transportation, decoration and fitment, electronic information and other ne.....

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    China Stock Listed Glass Companies Report, 2006-2007 (2007) Deutsch - market research, market survey, market report, research survey





    Diese Marktstudie auch auf www.markt-studie.de: "China Stock Listed Glass Companies Report, 2006-2007".

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