Corning Announces Global Price Rise, Shows Substrate Glass Price Will Rise by 20%

2023-05-24 13:28:32

Corning announced a 20% price increase for its display substrate glass. The global price increase will start in the third quarter of 2023, covering all countries and regions, product combinations and generation sizes.

On May 24, Corning announced that the price of its display substrate glass would be raised by 20%. The global price increase will start in the third quarter of 2023, covering all countries and regions, product combinations and generation sizes.

Corning said the price adjustment was aimed at offsetting rising energy, raw material costs and other non-yen-denominated operating expenses during sustained inflation, which have affected many industries around the world, including the display industry.

Corning expects demand for display glass to grow in the second half of 2023 as the display industry continues to recover and typical seasonal demand drives.

At the same time, Corning will continue to monitor its operating environment and make future price adjustments based on changes in market conditions, costs affected by inflation and other industry trends.

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Correlation

Corning Announces Global Price Rise, Shows Substrate Glass Price Will Rise by 20%

2023-05-24 13:28:32

CEMPI

102.51

-0.21 -0.2%

CONCPI

86.76

+0.11 +0.13%

CLKPI

106.73

+0.51 +0.48%

SPPI

42.11

+0.13 +0.31%

MORPI

71.86

+0.03 +0.04%

Removal of a 2500t/d clinker production line by China United Cement

On October 27, the Office of Industry and Information Technology of Inner Mongolia issued the Announcement on the Demolition and Withdrawal of the 3 # Clinker Production Line with a Daily Output of 2500 Tons of Ulanchabu Zhonglian Cement Co., Ltd. The 3 # clinker production line of Wulanchabu Zhonglian Cement Co., Ltd. has dismantled the core process facilities such as the cone of the decomposition furnace, the tertiary air duct, the high temperature fan, the tail coal scale and the tail coal conveying system equipment, and the waste heat boiler pipeline at the kiln head, and has fulfilled the procedures for the change of the production permit and the pollutant discharge permit, so it no longer has the conditions to resume the production of cement clinker.