Last year was tough for China’s fibreglass industry: sales to European markets fell by 60 per cent after the European Commission slapped anti-dumping duties on Chinese fibreglass imports. So the news on Tuesday that Yunnan Yuntianhua (YTH) will acquire a Brazilian counterpart, Capivari Fibras de Vidro (OCV), for US$59.5m is probably welcome news for the industry.
中國玻纖行業去年的日子不好過：在歐盟委員會決定對中國玻纖產品徵收反傾銷關稅後，中國對歐洲的玻纖出口下降了60%。因此，週二傳出的雲南雲天化股份有限公司(YTH)將以5950萬美元收購巴西卡皮瓦里玻璃纖維有限公司(Capivari Fibras de Vidro)的訊息，對這個行業來說大概是個好訊息。
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