Newssummary: Zhejiang to Eliminate 2.3 Million KVAH of Lead-Acid Battery Capacity by 2017

Jan 12, 2015 12:10

Source:SMM

China’s Zhejiang province plans to phase out 2.3 million KVAH of lead-acid battery capacity by 2017, China Finance Information reported.

SHANGHAI, Jan. 12 (SMM) – China’s Zhejiang province plans to phase out 2.3 million KVAH of lead-acid battery capacity by 2017, China Finance Information reported.

Zhejiang’s local government has worked out a plan to eliminate backward capacity in the province as local industrial producers are highly fragmented and make low-end products. Steel, cement, tanning, and dyeing capacities are also targeted for elimination.

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Newssummary: Zhejiang to Eliminate 2.3 Million KVAH of Lead-Acid Battery Capacity by 2017

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