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Top Ten News of China Rubber Industry in 2017

Release:2019-10-21

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First, President Xi is concerned about the "one belt and one road" project in the rubber industry. 

China's rubber enterprises have actively implemented the national "one belt and one way" strategy and received the cordial care of the leaders of the country. On November 12, 2017, during his visit to Vietnam, Xi Jinping, General Secretary of the Central Committee of the Communist Party of China and President of the State, and Ruan Fuzhong, General Secretary of the Central Committee of the Vietnamese Communist Party, jointly attended the signing ceremony of the project of Guizhou Tire Co., Ltd. investing in the construction of 1.2 million all-steel radial tires in Vietnam; on June 2, during the Sino-European Business Summit, Premier Li Keqiang of the State Council and Prime Minister In Brussels, we witnessed the signing ceremony of strategic cooperation between Zhongse Rubber Group and Bekaert Company of the Netherlands in the research and development and application of tire steel cord skeleton materials. President Xi and Premier Li attended the signing ceremony of the two projects, which greatly enhanced the confidence of our rubber enterprises in implementing the strategy of "one belt and one road". 

2. Increasing prices of rubber additives and carbon black and other materials 
In 2017, the prices of rubber additives, carbon black and other products have risen sharply, and the supply of raw materials is tight. To ensure the stable supply of raw materials has become the top priority for rubber products manufacturers such as tires. Environmental protection is the main reason for the rising price of raw materials. 

First, the price of chemical raw materials for the production of additives and carbon black is soaring and the supply is tight, which not only increases the production cost of additives and carbon black, but also affects the stable supply of products. 

Second, a number of enterprises failing to meet the environmental protection standards were shut down, and some enterprises were shut down and restricted by environmental protection supervision. For example, many leading enterprises of rubber additives and carbon black were concentrated in the surrounding areas of Beijing, Tianjin and Hebei, which had a greater impact. 
Thirdly, under the environment of stricter environmental protection, enterprises have invested a lot of funds in environmental protection management, which has increased production costs. 
Fourthly, some places have raised environmental protection indicators on the basis of national standards, leading to further increase in environmental protection costs of enterprises. 

3. China's victory in the "double reverse" case of American passenger car tyres 
On February 23, 2017, five members of the U.S. International Trade Commission voted on the industry damage in the final stage of the U.S. anti-dumping and countervailing case against Waka passenger tyres. The result of the 3:2 vote was that China's export of wagon passenger tyres to the U.S. did not cause substantial damage and damage threat to the U.S. industry. In response to this case, China's tire industry has received strong support from the state ministries, business associations, lawyers and other parties. The whole industry is united unprecedented. China Rubber Industry Association actively organizes enterprises to prepare materials for appeal, to lobby distributors in the United States, to organize defense teams and to recommend witnesses to appear in court. Finally, it has won the "double-negative" non-harmful defense of passenger tyres. Profit. At the same time, tire enterprises should cherish hard-won achievements, accelerate transformation and upgrading, accelerate product restructuring by intelligent manufacturing and "going out", promote product differentiation innovation and global layout, strengthen self-discipline and enhance industry competitiveness.

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