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List of Obsolete Companies to Shut Down Published

List of Obsolete Companies to Shut Down Published

Write: Wenona [2011-05-20]

Ministry of Industry and Information Technology published a list of obsolete companies on August 8th who are required to shut down by the end of Spet. The list involoved 18 industries and 2087 companies. 201 of them are dyeing and printing companies; 25 chemical fiber manufacturers.

The major obsolete companies in 2010 invloved in the following industries: cement, 762 companies; paper-making, 279; dyeing & printing, 201; coke, 192; iron-making, 175; iro alloy, 143; tanning, 84. Divided by regions: Henan, 230 companies; Shanxi, 226; Zhejiang 180; Hebei, 165; Yunan, 165; Guizhou, 128.

Relating to textile industry, 3.82 billion meters?? dyeing production capacity need to shut down, as well as 674,000 tons chemical fiber??s production capacity. Zhejiang ranked No. 1 in the shut-down mission as 2.15 billion meters dyeing fabrics and 241,000 tons chemical fiber, accounting for 56% and 35% of total amount.

Henan need to shut down 500 million meters dyeing fabrics production capacity, ranking No. 2. Jiangsu, Shandong, Fujian, Hebei and Guangdong all need to shut down at least 100 million meters.

For the chemical fiber, Jiangsu need to shut down 165,000 tons; followed by Sichuan, Henan, Fujian, Shanxi, Liaoning, Shandong, Hebei and Xinjiang. They all need to shut down at least 10,000 tons.