How will the Rubber and Tire Industry in Asia/China Face up to Price Hikes, CO2 Shock and Environmental Threats?
Singapore (PRWEB) January 11, 2008 -- Price hikes for natural rubber (NR) and synthetic rubber (SR) seem to be persistent, evidently in Asia. Main reasons include the increasing demand of NR and SR, tight supply and the rising crude prices. Despite the flood, which results in the surge of rubber prices, in the last monsoon season, Thailand remains the top global rubber producer, with India following closely behind.
The tire industry remains the core application for butyl rubber, consuming 86 percent of the global supply. It is estimated that by 2010, global annual tire production will reach 1.7 billion, up from 1.4 billion in 2005. Most of that growth in Asia will come from China and India. In view of their experience, South China/Wanli Tires and JK Tires are being invited to share their insight on the local tire market at a 3rd Rubber & Tire Asia/China Markets conference in to be held on 28-29 February in Bangkok. Thailand.
From 2010, the tire industry in the EU will have to do without distillate aromatic extract (DAE) oils; hence Asia tire producers hoping to export their tires to the EU have to come up with alternatives that are comparable with DAE oils. With environmental concerns gaining momentum globally, there is a need to reduce "CO2 shock", which includes the use of alternative oils, maximising fuel efficiency and the proper handling of tire waste. These issues will be the central focal of the 'Green' Tires in Asia and `Alternative oils for rubber technology' presentations by Evonik Degussa and Hansen & Rosenthal Group.
Anticipated to be 'Asia's Most Awaited Rubber & Tire Conference'! CMT has brought together the best expertise and brightest brains to discuss and analyze the present and future dynamics in the rubber & tire world. Some of the other companies represented are Lanxess, Michelin, The Thai Rubber Association, Bekaert, South China/Wanli Tires, Pouchen Corporation, JK Tires and many more.
3rd Rubber & Tire Asia/China Markets conference will be the most important conference of 2008 for those who want to keep abreast of the latest developments in the pricing, consumption trends, production capacities, innovations and various approaches tire producers take to overcome price hikes. Those wanting more information must visit http://www.cmtevents.com While there, they can register for this essential conference.
About Centre for Management Technology
Today in its 25 years of operation, CMT backed by its research and operational expertise is totally in tune with international shifts and dedicated to the provision of the latest global technology and business information. Designing events which reflect and deliberate the growing business concerns, CMT's high profile forums reflect the latest and the most significant advances in the petrochemical industry and commodity markets. Organization of leading conferences on Rubber & Tire, Sugar, Steel, Coal, Cement and Aluminium, has established CMT as the market leader in promoting this nascent industry as a commodity global powerhouse. For more information, visit www.cmtevents.com
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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