------------------------------------------------------------------

Oct 31, 2008

The rapid development of the domestic rubber industry to use synthetic rubber needs to be improved

In recent days, China Synthetic Rubber Industry Association Under-Secretary-General Rong Zhou in China synthetic material market analysis at the meeting pointed out that the rubber industry to continue the rapid development of synthetic rubber industry will provide opportunities. Initial projections, "11th Five-Year Plan" period Chinese demand for synthetic rubber will be an average annual rate of 6% growth.

Rong Zhou believes that the domestic supply-demand balance, the major types of plastic products in domestic market share are very different. Level with tire rubber, styrene-butadiene rubber and butadiene rubber supply relatively full, but the butyl rubber with a high degree of dependence on imports; level with non-tire rubber, neoprene domestic product accounted for 62% of the market, and acrylonitrile-butadiene rubber and ethylene-propylene Rubber market still rely largely on imports, increase domestic supply is an urgent need for a new round of capacity expansion and new equipment.

"As a result of these varieties in the domestic market relatively large capacity, a new round of capacity expansion and new wave is coming. China will over the next five years to increase synthetic rubber plant capacity of 1,000,000 tons or more. This means that China will be synthetic rubber production capacity in 2005 1,630,000 tons in 2010 to 270 million tons, will ease dependence on foreign. "Rong Zhou said. In view of the rapid development of China Ethylene Industry may be the start of synthetic rubber plant construction peak arrival, Zhou Rong suggested that the domestic rubber processing industry should be made to increase the proportion of the use of synthetic rubber, natural rubber to China to ease market tensions. He predicted that in 2010 the total domestic demand for synthetic rubber will reach 321-355 million tons (including the need for imports).

No comments: