Chinese slate, stone industry is facing enormous environmental challenges
“Chinese slate, stone industry is facing enormous environmental challenges, all factories is waiting for the policy relaxed to resume start working in 2017”.
After the Chinese Spring Festival in 2017, All Hebei slate factories did not start production in time, as well as all stone industries in this province closed to Beijing, all this area is facing a serious haze around Beijing, the environmental protection situation is facing more severe pressure, as extensive stone industry, the stone industry bear the brunt of the government environmental regulations, the future uncertainties is increased more and more in the foreseeable future.
Very few of the slate factories and stone suppliers, some orders can be delivered on time if inventory available, the vast majority of factories can only wait for the policy relaxed to resume start working if inventory unavailable. Nobody known the time when the government will allow star working, all factories are facing with wage costs, delivered on time, cash flow pressure; the other related industries such as transportation, logistics, warehousing, printing, shipping, freight forwarding and other industries also be affected on this situation
The delivery of Westone existing order is also deferred.