in the solar industry a business which continued to grow globally even throughout the crisis are now largely removed.
Yassir Albaharna, CEO of Arig, commented: "We knew that 2014 would be a challenging period for reinsurers as global over-capacities
are showing their effect.
OWe knew that this year would be a challenging period for reinsurers as global over-capacities
are showing their effect,O Arig chief executive Yassir Albaharna said.
It concerns eight companies working in particular in the recovery of solvents for re-use, the upgrading of plastic materials rather than their incineration, the optimisation of organic material and of calcareous fillers [dust from the mining of limestone - Ed], the pooling of over-capacities
for large-scale sandblasting and painting, the recovery of excess heat for drying and the pooling of storage areas.
The company points out, however, that there are still some over-capacities
in its market and some customers are still depleting their inventories.
ICRAa[euro]Ys rating action takes into account the unfavourable impact on DCL's realisations and margins in the cement business in the last year due to significant addition programme, which translated into significant over-capacities
in the company's prime area of operations.
The much hyped smart grid is still in an early phase, and while it seems realistic that it could make the electricity grids gradually more efficient by allowing over-capacities
to be reduced, and expensive peak-production to be shorter and lower, it will take many years to realize these benefits and eventually filter through to the consumers.
On this extremely competitive primary (sales) market, with production over-capacities
, falling real car prices and greater consumer choice, existing rules are "clearly overly complicated," representing an unnecessary burden that prevents vehicle manufacturers from organising their distribution systems as they like, explained the commissioner.
29, a policy meant to deal with over-capacities
in those lines, partially caused by excessive investments induced by the economic stimulus policy of the Chinese government in the wake of the outbreak of the global financial tsunami.
As long as the market is marked by over-capacities
-- actually valid for frozen food productions as well as for the marketing in retail business -- keen competition and price-cutting wars will continue.
The financial crisis has definitely limited the rapid expansion of production capacities previously planned in the region, which could have resulted in significant over-capacities
If new growth areas are not provided and the industry has to rely on normal mature growth rates, large over-capacities
will begin to make themselves felt by 1992.