Shanghai JC Mandarin
Will Asia be Driven by Performance or Sheer Volume to Remain Competitive?
The global market for rubber and tire is rebounding as demand is being accelerated with capacity expansions in China, India, Russia and other parts of Asia Pacific. Growth in the BRIC nations is promising with tire producers and raw material suppliers alike strategizing for further acquisitions to gain market share. But with recovery comes challenges. Raw material prices have increased considerably since last November and the surge in demand for synthetic rubber has caused a supply constraint.
“The Singapore Lanxess Butyl Project has been accelerated due to rising demand and capacity expansions, especially in China, Russia and India, by its tyre-manufacturing customers such as Bridgestone & Michelin, as well as to the growing use of butyl for pharmaceutical applications in China.”
Jan 2010, Singapore Business Times
CMT’s 5th Global Rubber & Tire Markets conference focuses on the latest developments in the industry; from raw materials outlook to tire market analysis to the latest technology trends all in one platform.
Key Highlights:
You will network with:
- MDs & CEOs - R&D Directors/Managers - Technical Directors/Managers
- Technology Design Engineers - Sourcing Directors/Managers
- Product Directors/Managers - Business Development Directors/Managers
- Material & Equipment Suppliers - Consultants/Analysts
from Natural Rubber Producers - Raw Material Suppliers - Tire Manufacturers
- Rubber Chemicals & Additives Companies - Tire Cord Producers
- Carbon Black Producers & all companies involved in rubber & tire industries
We say this because of the diversity of industry participants from Asia, Europe and Middle East who are attending the Shanghai conference on 1-2 June 2010.
On top of that, you will also get to meet representatives of important industry stakeholders including:
Raise raise your company's profile, confer with leading industry experts and stay updated on latest developments byconfirming your attendance at the 5th Global Rubber & Tire Markets conference before they sell out.
Click on the link below for a convenient online registration!
21 May, 2010
Natural rubber prices in Indonesia hit a 2-year high, as heavy rains disrupted rubber tapping. The surge in prices was also attributed to gains in benchmark rubber futures in Tokyo, which have increased more than 21 percent this year on concern that supplies from Thailand and Indonesia won't keep pace with rising Chinese demand.
In an interview with Bloomberg, Asril Sutan Amir, chairperson of the Rubber Association of Indonesia said, "Two factors that supported the price are low supplies of raw materials from plantations due to rains that cut tapping and also a huge increase in demand, especially from China and India." He further commented, "China is no doubt the shining star for the rubber market, with its economic growth and high vehicles and tires production."
Natural rubber exports from Indonesia to China accounted for about 25% of the 2 million metric tons the country shipped last year, doubling from 12% in 2007. This upward trend is expected to continue in the world’s largest automobiles market.
Those keen on tracking the latest Natural Rubber trends should attend the 5th Global Rubber & Tire Markets conference for updates on the Natural Rubber market dynamics by LMC International. This essential session will cover Replanting plans in key rubber producing markets, the key market drivers, the influence of oil prices and the changing product mix and impact on the Tire industry. Participants will also get perspectives from key Tire Producers Cooper Tire & Rubber Company and JK Tyre & Industries Ltdon the tire markets in India & China, and to what extent will thesegrowing tire markets will propel Natural Rubber demand.
5th Global Rubber & Tire Markets is meeting in Shanghai on 1-2 June 2010. Those who wish to attend can register and pay online. Click on the link below to access.
01 May, 2010
第五届全球橡胶与轮胎市场研讨会聚焦中国市场,在中国汽车工业协会于2009年对外宣布中国市场的汽车产量已实现48.3%的增长,达到 1379万辆之后,中国成为了满足消费者需求的最大汽车市场。这一为期两天的论坛将主要探讨橡胶和轮胎市场回暖以及未来的投资机会。
据预测,全球橡胶消费量的年增长率将为4.0%,至2011年,全球汽车产量将达到26.5公吨,其中美国、中国和日本的产量将占到需求量的一半以上。上述超出平均值的收益与经济的强势增长,汽车市场的发展以及药品生产中橡胶使用量的增长相协调。另外,国信证券的一位分析师评论道:“中国市场上的汽车需求量在接下来的几年内将保持在15-20%左右,预计轮胎市场也将随着汽车产业的发展而壮大。”
第五届全球橡胶与轮胎市场年度峰会将于今年6月1日至2日举行,峰会将汇聚众多业内专家,对中国在全球市场上的作用、其目前的市场地位以及将来参与塑造橡胶和轮胎产业等方面进行考察。
除此之外,在发表演讲的中国企业中包括著名的OTR/EM轮胎生产商---青岛泰凯英轮胎有限公司。该公司将与与会者分享其在符合欧洲环境规范的绿色运动和战略方面所作出的努力。同时,库博轮胎橡胶公司总经理还将分享对这一为期两天的活动的感想,并就 “中国是否能领导轮胎市场需求的复苏?”以及如何做好充分准备来迎接这一全新的市场与大家全面分享其观点。中国橡胶和轮胎的市场需求对驱动全球行业的发展以及加速全新产能投入规模生产起到了非常重要的作用。盘锦和运集团将提交一份研究报告,详细阐述市场需求并及时分享其年产能为100,000吨的丁基橡胶工厂的最新进展情况,该工厂今年开始实现全部产能生产,有可能将带来出口的可能性或者带来中国进口市场上的一次转变。
除上述内容之外,第五届全球橡胶与轮胎市场研讨会的与会者还将从针对中国、印度、伊朗和俄罗斯市场上的全球性发展情况的一系列专题研讨会中获益;这些研讨会上的讨论内容非常广泛,从原材料市场的展望到轮胎市场分析以及技术发展均有涉及。面向各橡胶和水泥生产商、原料供应商和生产商、贸易商、轮胎翻新和回收利用公司、制造商、分销商以及更多专业企业的所有演讲中,都将提供中英文的同声传译服务。
若需了解演讲者详细信息或者第五届全球橡胶与轮胎市场研讨会完整日程安排,请登录 http://www.cmtevents.com/eventschedule.aspx?ev=100528&
。现在登记注册已正式开通,您可通过在线注册或致电Annie Ho女士:+65 63469145报名参与。
01 May, 2010
China will gain strategic importance on a global scale as she consumes 16% of the world rubber output. Rubber Journal Asia reported that China is the largest consumer for the last few years and will likely remain so. Demand for both natural and synthetic rubber resulted in significant imports of 7.3% more in 2009 totaling 5.9 million tonnes of rubber.
The April 2010 report emphasized that demand for rubber is expected to rise 8.5% this year reflecting the strong growth in the country’s automotive sector; also the main driver for the development of the rubber industry. At present the tire manufacturing sector alone consumes about 6% of rubber, exceeding 13.5 million units in 2009. Without the ideal climate for rubber cultivation, China will continue to be a high importer but how China seeks to feed the demand is the big question.
To provide insights on not just China but also the market situation in India, Iran, Russia and more, CMT will host the 5th Rubber and Tire Markets on 01 – 02 June in Shanghai!
Key highlights include:
· Keynote address by Goodyear Tire & Rubber Company on the shifting paradigm of Asian tire producers
· Cooper Tire & Rubber Companylend insights on ‘Will China lead the recovery for tire demand’
· JK Tyre & Industries summarizing the prospects of tire industry and market in India
· Sibur Russian Tyres Holding with a spotlight ton the Russian tire market and its recovery from recession
To find out more on the 5th Rubber and Tire Markets click here.
27 Apr, 2010
According to a recent report in Business Week, the global natural rubber market is now in a “demand-driven bullish phase”. The magazine was citing a source from the Association of Natural Rubber Producing Countries.
Concerns over tight supply, strong oil prices and strong demand from tire manufacturers are behind the price surge.
Weather conditions are restricting production in major producers including Malaysia and Thailand, and a target of 6 percent growth in world supply this year may not be met because of this. According to the Association of Natural Rubber Producing Countries, production may gain to 9.54 million tons this year, as per a survey conducted in March. This is below the International Rubber Study Group’s forecast of as much as 10.6 million tons.
The surge in demand is also being attributed to increasing imports and consumption in China and India. Chinese imports of natural rubber surged 63 percent in the first two months of this year. China recently overtook the U.S. as the world’s largest auto market and is currently the world’s largest rubber consumer. In addition, large-scale capacity addition taking place in the Indian auto tire manufacturing industry, and expected doubling of car sales indicates the possibility of a further acceleration in natural rubber demand in the country and more dependence on imports.
At the 5th Global Rubber & Tire Markets conference meeting in Shanghai on 1-2 June 2010, Mr. John McClure, a leading Research economist at LMC International will be discussing the Global Natural Rubber outlook. Mr. McClure’s speech will provide details on replanting plans in key rubber producing markets, factors driving demand, influence of oil price, the change in product mix, and the impact of the growing tire industry.
Those keen on participation can submit their registrations online by clicking on the link below.
09 Apr, 2010
After announcing that they were postponing their €400Million butyl rubber investment in Singapore last July, the company has decided to restart the project by May 2010, with full production slated to begin by Q1 2013. The move is in response to faster-than anticipated global market rebound for synthetic rubber, especially in China.
In an interview with the Business Times, Ron Commander, Lanxess’ head of Global Head for Butyl Rubber said, “We are now selling everything we can manufacture at our existing butyl plants in Belgium and Canada”. He said that the Singapore project was being accelerated to meet rising demand, and compete with capacity expansions in China, Russia and India, and tire manufacturers and pharmaceutical companies looking to purchase butyl and butyl rubber.
60% of the Singapore plant’s output will cater to the Chinese markets, and the rest will meet rapidly growing demand elsewhere in Asia-Pacific. The region accounts for over 50% of Lanxess’ butyl rubber demand in 2010.
Lanxess’ move to ramp up their capacity raises a vital question for the global rubber and tire industries: “Will Asia be Driven by Performance or Sheer Volume to Remain Competitive?” - one that Lanxess aims to answer at the 5th Global Rubber & Tire Markets conference in Shanghai.
Lanxess’ Chief Representative Mr. Lim Yew Swee will address Lanxess’ “Response to Global Challenges” while discussing the Polybutadine Rubber (PBR) market at the conference.
The 5th Global Rubber & Tire Markets conference looks at some of the most fundamental challenges the industry faces now, and assess the future outlook of the global markets & trade performance for the rubber & tire industry.
Those who wish to participate, or explore sponsorship & media exchange opportunities can contact Ms. Hafizah Adam, Promotions Manager at +65 6346 9218 or email at hafizah@cmtsp.com.sg.
18 Mar, 2010
Here is a roundup of recent headlines for the rubber industry:
“Rubber advanced to the highest level in 16 months as rising car sales in China, the world’s largest automobile consumer, stoked speculation that demand for the raw material used in tires will keep growing.”
“Vietnam expects to increase rubber exports by 3.3 percent to 750,000 tonnes this year, betting on an economic recovery in its main markets, including top buyer China, an industry official said on Friday.”
“The Malaysian rubber market is expected to be higher next week on strong demand and lack of supply after prices reached a two-year high at midweek, dealers said...Rubber prices climbed to a two-year high propelled by the lack of supply and strong demand.”
“Global rubber consumption would rise by 4.3% annually upto 2013, after a weak, recession plagued 2009.A majority of rubber demand is accounted for by the motor vehicle sector, particularly via usage in tyres. A healthy recovery in the motor vehicle industry in important producing nations such as the US, France and Canada will benefit rubber demand through 2013.”
The global rubber market is definitely rebounding with accelerated demand from key markets including China, India, Russia and other parts of Asia Pacific. Major rubber producers like Thailand, Malaysia and Vietnam are also stepping up production to meet the growing demand.
However, the recovery brings with it new challenges, and an important question facing the sector today is how are global rubber markets & trade going to evolve and change over the year. CMT’s 5th Global Rubber & Tire Markets conference, which meets in Shanghai on 19-20 May 2010 offers insights into this key question.
The conference will feature the Rubber and Tire industry’s foremost experts offering insight on some of the most pressing issues facing the industry today including:
The conference agenda is still being confirmed, so do watch this space for updates on speakers and topics. In the mean time, if you have any enquires on participation, sponsorship & media exchange opportunities, contact Ms. Hafizah Adam, Promotions Manager at +65 6346 9218 or email at hafizah@cmtsp.com.sg.
02 Feb, 2010
Natural rubber prices in Indonesia hit a 2-year high, as heavy rains disrupted rubber tapping, and gains in benchmark rubber futures, which have increased more than 21 percent this year. >>Read more here<<
01 May, 2010
China's demand for rubber is expected to increase 8.5% in 2010. Click here to find out how China will meet this demand.
27 Apr, 2010
According to the Association of Natural Rubber Producing Countries, the global natural rubber market is now in a “demand-driven bullish phase”, driven by concerns over tight supply, strong oil prices and strong demand from tire manufacturers. LMC offers a global roundup at 5th Global Rubber & Tire Markets conference. >>Find out more here<<
09 Apr, 2010
Lanxessback on track! Company will restart construction on previously postponed €400Million butyl plant in Singapore by May 2010. The plant is to meet faster-than-expected growth in Asia-Pacific markets. Lanxess to share details at 5th Global Rubber & Tire Markets conference in Shanghai. >>Read more here<<
18 Mar, 2010