1. According to company secretary Lawrence Bland, the aim was to get rid of excess capacity. 2. And higher education has enjoyed excess capacity. 3. First, the assumption that there is no excess capacity is particularly suspect. 4. Such a large amount of excess capacity must severely impair the effective functioning of the accelerator. 5. With excess capacity and falling profits, firms are likely to cut their investment plans this year. 6. Excess capacity and weak demand continued to undermine performance in the downstream oil and chemicals sectors. 7. Following several years of intense competition and excess capacity, the merger was the most significant change to date in the rationalisation of the industry. |