Resumen de Cracking under pressure? Glass markets in Europe
Industrial Minerals
Demand is especially likely to grow in emerging markets, for instance in China, where the Civil Aviation Administration of China (CAAC), in the country's twelfth Five Year Plan (2011-2015) forecash investments of around $65bn for building new and restructuring existing airports - spending that is still working its way through project budgets. [...]the Indian flat glass market is expected to witness "handsome growth" fuelled by the expansion of manufacturing industries coupled with increasing foreign investment, said the GMI report. Glass minerals In terms of demand for glass manufacturing minerals, this report states: "The supply-demand deficit with price fluctuation of soda ash may affect flat glass market trend." The USGS' latest figures show that 50% of this total was used in glass production, although soda ash consumption is declining as glass container producers are increasingly using recycled cullet in the manufacturing process. "Asia and South America remain the most likely areas for increased soda ash consumption in the near future," said the USGS, which predicted US producers would see continuing "modest growth in production and exports through the glass sector is under pressure, highlighting concerns that the revised EU emissions trading scheme (ETS) might ultimately drop glass from its carbon leakage list that gives sectors special carbon trading benefits who risk losing business to competitors with weaker carbon-control legislation. "Against a European and international macroeconomic context of uncertainty and modest growth, the container glass food and drink production in Europe [EU's 28 member states plus Turkey and Switzerland) recorded positive strikes...
