Inventory of rubber tire industry in 2014

1, natural rubber supply is greater than the excess capacity of synthetic rubber

In 2014, the global supply of natural rubber exceeded demand, and prices continued to slump, falling back to the level of the 2008 international financial crisis. At the same time, the production capacity of domestic synthetic rubber is obviously excessive, the utilization rate of styrene-butadiene rubber and butadiene rubber equipment fell to 53% and 68% respectively, and isoprene rubber even fell to 15%.

At present, the price of natural rubber is still in the downward channel, and there is no steady growth. In the next two years, there will be one million tons of new synthetic rubber production capacity in China. This will seriously affect rubber production and traders, and affect the product prices and market conditions of downstream tire companies.

2. Announcement of Provisional Management Measures for Waste Tire Industry

The Ministry of Industry and Information Technology, in accordance with the Interim Measures for the Administration of Admission Notification for the Utilization of Waste Tire Comprehensive Utilization Industry, publicized the list of the 21 enterprises (in the first batch) of comprehensive utilization of used tires that met the requirements for access, and made public to society and industry. The company solicited opinions.

This method has clearly defined the specific procedures for how tire retreading and waste tire comprehensive utilization companies apply for access, and how government and industry associations make public announcements. This move aims to implement the “Tire Renovation Industry Access Conditions” and “Entirement Conditions for Waste Tire Comprehensive Utilization Industry”, regulate the development of comprehensive utilization of waste tires, and improve the comprehensive utilization level of used tires.

On December 23, the Ministry of Industry and Information Technology publicized the list of companies that were eligible for the "Tire Renovation Industry Access Conditions" and "Entirement Conditions for Waste Tire Comprehensive Utilization Industries" (second batch).

3. China Rubber Association released "Technical Code for Green Tires"

On February 24, the China Rubber Industry Association released the "Technical Code for Green Tires" and began trials on March 1. This is the first domestic green tire industry self-discipline standard, which regulates the definition of green tires, puts forward the performance requirements of green tire products, and the requirements for the use of raw materials, and recommends the green tire production technology, which lays a foundation for China's next tire labeling system. basis.

At present, the China Rubber Association has established the “Green Tire Industrialization Promotion Committee” and “Green Tire Technical Support Center”, and will also certify tire testing agencies, refine the green tire raw material guidelines, and finally realize the tire labeling system.

4, Rubber Testing Professional Committee established

On March 27th, the rubber testing professional committee of the China Rubber Industry Association was established in Qingdao, Shandong Province.

According to analysis, at present, China's rubber industry is undergoing a historical stage of becoming bigger and stronger, a scientific and complete evaluation system, evaluation methods, and evaluation methods. It has a significant role in promoting the scientific development of the rubber industry, which makes rubber inspection and testing technologies and methods. Equipment, equipment, and equipment are getting more and more attention. In this respect, the establishment of this professional committee is of extraordinary significance.

5. U.S. passenger car and light truck tires “double reverse”

On June 3, the US Steel Workers Union (USW) filed an application with the U.S. Department of Commerce and the United States International Trade Commission (ITC) for the initiation of antidumping and countervailing investigations on passenger and light truck tires from China. It is understood that this is by far the largest amount of trade remedy measures taken by the domestic tire industry.

As the world's largest car ownership country, 50% of the tires in the United States originate from imports, and it is also the most important overseas market for Chinese tires. Its imported tires account for about one-third of China’s total tire exports.

6. The Ministry of Commerce terminates the anti-dumping measures against imports of styrene-butadiene rubber

On September 8, the Ministry of Commerce stated that within the time limit specified in the announcement, the domestic industry of styrene-butadiene rubber had not filed an application for final review, and the Ministry of Commerce also decided not to initiate a final review and investigation on its own initiative. As of September 8, 2014, anti-dumping measures applicable to imported styrene-butadiene rubber originating in Russia, Japan and South Korea have been terminated.

SBR is an important raw material for the production of tires. Since 2009, China has imposed a high tariff of up to 38% on styrene-butadiene rubber imported by these countries to limit the import volume of styrene-butadiene rubber and protect the domestic styrene-butadiene rubber industry. development of.

7. The Ministry of Industry and Information Technology issued the "Admission Requirements for the Tire Industry"

On September 17, the Ministry of Industry and Information Technology released the "conditions for the entry of the tire industry" and announced that it will be implemented on October 1, 2014. The issuance of this policy will play a very important role in the development of tire industry, industrial integration, and industry norms.

It is reported that this access condition makes clear provisions for enterprises that invest in tire production equipment. At the same time, it also encourages the development of energy-saving, environmentally friendly green tires and encourages the development of advanced production technologies. According to industry insiders, most tire companies can meet the above standards, which will play a good role in regulating industry development and eliminating outdated production capacity.

8. US anti-subsidy tax on tires in China is up to or exceeding 80%

On November 24, local time, the preliminary ruling of the US Department of Commerce concluded that the existence of passenger vehicles and light truck tires imported from China has been excessively subsidized by the government. The United States intends to levy a "countervailing tax" on such products, involving an amount exceeding 3 billion U.S. dollars. According to the preliminary results announced by the US Department of Commerce, Chinese tire companies will be charged with punitive tariffs ranging from 17.7% to 81.3%.

In the tyre protection case that began in 2009, the United States imposed a punitive tariff of 35%, 30%, and 25% on the Chinese passenger car and light truck tires respectively in the past three years. According to statistics, during the special security case, Chinese tires' exports to the United States once fell by more than 60%. It is predicted that the duration of the "double reverse" case will be longer than that of the special security case that year, and it is expected that the final tariff will reach 60%.

9, the National Standards Committee issued "Common rubber general technical specifications"

On December 31, the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China (AQSIQ) and the State Standardization Administration Commission issued the 33rd Announcement of 2014 to formally issue the national rubber compound national standard "Common Rubber General Technical Specification". The standard number is GB/T31357-2014. The standard stipulates that the content of raw rubber in compound rubber should not exceed 88% (mass fraction) and that of non-rubber mixture should be 12%.

It is reported that this incident has caused widespread concern in the rubber-producing countries in Southeast Asia and in the domestic industry. The Thai Rubber Association reported to the Thai government an official letter. Industry insiders also believe that setting the raw rubber content below 88% is to shut down the entrance of compounded rubber, which may cause chaos in the natural rubber trade market.

10. Upgrading of Natural Rubber Import Tariffs in 2015

On December 16, the Ministry of Finance stated that since January 1, 2015, some adjustments have been made to import and export tariffs, including the appropriate increase in the provisional tax rate for imports of natural rubber and other commodities.

According to regulations, China's natural rubber import tariff temporary tariff rate from 20% or 1200 yuan / ton, adjusted to 20% or 1,500 yuan / ton, an increase of 300 yuan / ton; imported natural latex temporary tax rate from 10% or 720 yuan / ton Adjusted to 10% or 900 yuan / ton, an increase of 180 yuan / ton.

In addition, since January 1, 2015, the “2015 Tariff Implementation Plan” has been implemented, and the import tariff on synthetic rubber has been partially adjusted.

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