China 2015 & New Emission Standard by CS 141209 - Despite of weak - TopicsExpress

China 2015 & New Emission Standard by CS 141209 - Despite of weak demand, China commits to implement the new air emission standards in 2015. These would cost more, on average about Rmb100-150/ton, for Chinese basic materials producers apart from adding a new set of constrains in long term supply. The operating cost would, for example, go up by 1% for cement, 2% for cement and 1.5-4.8% for paper industry. The obsolete plants and old production lines will be decommisioned. Any comments ? See Tables for details. Source: Trina Chan, Owen Liang and Gary Xu (2014) China Basic Materials Sector 2015 Outlook: The Start of a long recovery by Credit Suisse, Dec 9, 2014 (CS 141209)

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