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"Rising Demand Amid Spiralling Raw Material Costs"
The table has turned for the rubber & tire industry. In the post economic-downturn world, consumption is on the rebound with steady demand and signs of growth.
"Global sales of passenger-car tires are forecast to grow 6.1 percent this year from 2010, while sales of commercial- vehicle tires are forecast to rise 11 percent, International Rubber Study Group forecast on Jan. 26"
"Apollo Tyres reported double-digit revenue growth in the March quarter. This was on account of a recovery in the European tyre demand and sustainable growth in the domestic replacement market."
The market as a whole is looking positive with Asia and Europe expected to see higher growth. But what are the implications for the rubber and tire producers? High material costs and supply shortages are forcing tire producers to rethink their pricing strategy. Climbing natural rubber price and the increase in synthetic rubber is putting a squeeze in the global butadiene market, especially in Europe where it is being converted to SBR to cater to US demand. Furthermore, the impending legislations in Europe are encouraging synthetic rubber producers to expand their capacity in order to meet demand for high-performance tires.
CMT's 5th CEE Rubber & Tire Markets addresses critical concerns related to the raw material chain and additional insights on market intelligence, trade dynamics, "green" tires and "end of life" tire management outlook.
- Braskem Europe - CMAI Europe GmbH
- Goodyear Tire & Rubber Company
You will network with:
5. Konferencja Kauczuku i Gumy będzie poświęcona problemom związanym z łańcuchem dostaw surowców, dynamiką handlu, recyklingiem oraz kwestiom związanym z "zielonymi" oponami.
W programie targów min:
Lanxess expects a hike in demand for high-performance rubbers due to the European Union tire labeling legislation that
comes into effect in 2012.
Due strong demand for synthetic rubbers used in winter tires, Axel Heitmann, the Lanxess CEO, confirmed the group’s earnings forecast for the full-year 2011. He announced, that with the increase in EBITDA pre exceptionals by roughly 20 percent, the third quarter will go smoothly as compared to the third quarter of 2010. The trend towards mobility is supported by internal market studies. According to the latest forecasts, around 2 billion tires will be manufactured by 2015 compared with around 1.6 billion at present. This is an increase of some 25 percent for the tire industry.
Because of the European Union tire labeling initiative, the market share of ”green tires” made of high-performance rubber will increase from its present 35 percent to around 50 percent of the overall tire market.
Strong environmental lobby and demand for innovative high-performance rubber is setting a new trend for tire producers.
Mr. Christoph Kalla, Head of Marketing and R&D (Business Unit Performance Butadiene Rubbers) of LANXESS International SA will shed light on this subject through his paper on ‘sustainable mobility’ at CMT’s 5th CEE Rubber & Tire Markets conference in Vienna this 20-21 October!
“Tire market outlook in Americas and Europe and impact on global trade” is an insightful video presentation by Mr. Robert Simmons, Head of Rubber and Tyre Research Division, LMC International Ltd.
In the presentation made at the 6th Global Rubber and Tire Markets in Jakarta, Indonesia last June, Mr. Simmons analyzes the tire market recession in 2009 and the recovery process in US, Europe and Asia. Some of the key topics covered in the video include:
... plus much more.
Given its relevance, this video is now being offered as a prelude to the upcoming 5th CEE Rubber & Tire Markets conference to be held in Vienna on the 20 and 21 October 2011.
This upcoming 1.5 day event aims to zoom in specifically on key developments and outlook of the butadiene and natural rubber trends as well as on prices of synthetic and natural rubber that have risen amid rising crude prices and harvest woes.
To view this video, and hence a glimpse of what to expect at the Vienna event in October, simply fill in the form below:
Ukraine's Cabinet of Ministers has passed a resolution under which car tire producers and importers have to pay a fee for car tire recycling.
According to Ecology and Natural Resources Minister Mykola Zlochevsky, "All producers and importers of car tires will be charged a fee which will be equal to tire recycling costs, which will let clear up huge territories and stop the practice of tire burning.
The ministry's press service says that the resolution foresees a gradual increase in the amount of recycling of old tires. In particular, 10% of imported tires are to be reprocessed in 2011, 15% in 2012, 20% in 2013, 25% in 2014, 30% in 2015, and 35% from 2016 on.
Europe is most advanced in recycling and recovery of tires. Even their scrap tire-derived products are now increasingly regarded as useful resource for various recycling options.
Indisputably, anyone interested to learn about Trends in Tire Recycling should head to Europe, or more practically, come down to the 5th CEE Rubber & Tire Markets conference in Vienna this 20-21 October for all the latest industry updates.
Specifically, the program will feature, Mr. Robert Weibold, an Executive Board Member with WIL AG giving first-hand insights via his session entitled ‘Tire Recycling in CEE – From Sourcing to Market, What is the Scenario’.
Weibold will throw light on CEE legislations for tyre collection, as well as explore markets for tire recycling material (rubber / steel / textile).
Yokohama Rubber Co., Ltd. announced that it would be strengthening its initiatives for the tire labeling system scheduled to commence in Europe in 2012. The system aims to better regulate the environmental performance and safety of tire products. Yokohama Rubber strongly supports the intentions behind the system and will proactively develop higher grades of tire products as it encourages the spread of environmentally friendly, safe tires.
The EU tire labeling system is a grading system initiated by the EU European Commission. It represents an application to tire products of similar systems for consumer electronics introduced by EU countries to reduce environmental load. Products are graded according to their rolling resistance performance (fuel economy), wet grip performance (safety) and external noise performance (environmental performance), and display their grades in labeling.
In addition to the many pertinent topics to be shared, the 5th CEE Rubber & Tire Markets will showcase a dedicated session covering SSBR Market Outlook in the Context of the Tire Labelling Regulation, a significant topic area which will be addressed by Mr. Christoph Kalla, Head of Marketing (Performance Butadiene Rubbers) of LANXESS International SA.
Those interested to learn more about how this regulation will influence material selections for tire production, and to find out more on the latest industry updates should make a date to come down to the 5th CEE Rubber & Tire Markets conference in Vienna this 20-21 October.
Click here for our confirmed speakers and more information.
Japan's Marubeni is planning to sign a five-year agreement to buy butadiene from Brazilian firm Braskem. Marubeni will spend JPY45bn ($534m) over five years to buy butadiene from Braskem's plants in China, India and elsewhere. In January, Braskem announced its plan to build a 100,000t / year butadiene plant by 2013, which will increase its production capacity by 30%.
(Source: Chemicals Technology, 7 Apr 2011)
Given Braskem’s expansion plans, 5th CEE Rubber & Tire Markets (20-21 Oct) in Vienna is pleased to have Fernando Luis Weber, Europe Manager (Basic Petrochemical Units) with Braskem Europe addressing the topic ” Shifting the Supply Demand Dynamics: Butadiene Market Scenario” and sharing new insights and the latest developments in the Tire industry.
Weber will throw light on alternative technology for Butadiene production, as well as explore the new capacity in South America and its impact on the global and European market.
Tyre manufacturer Apollo Tyres today said it plans to enter the Eastern Europe market for setting up a new green field facility, aspart of strengthening its brand in the overseas market.
Stating that the company was witnessing increasing demand for its passenger car radials in the European region through itsNetherlands unit, Apollo Tyres Chairman Onkar S Kanwar said they witnessed 17% growth in its sales in Europe last year.
With the rising demand for tires and rubber products, opportunities abound for companies seeking to capitalize on these burgeoning market. 5th CEE Rubber & Tire Markets to be held in Vienna on 20-21 Oct 2011 is all set to deliver expert perspectives on market outlook for the CEE region with focus on Russia, Czech Republic, Poland and more!
Details for the 5th CEE Rubber & Tire Markets program are currently being finalized and will be available soon. In the meantime, email firstname.lastname@example.org to request for updates and/or sponsorship and media opportunities.