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ENMORE: 7th China International Rubber Oil Summit 2016
The 7th China International Rubber Oil Summit 2016 will certainly take place on April 6th-8th, 2016 in Hangzhou, China. It will act as a link between RPO manufacturers, investors and also end users worldwide with a grip in the local market. The unique RPO Spring Trade Fair will likewise be held all at once.
China's tyre industry was beset with troubles in the house and also abroad in 2015, consisting of trade barriers like antidumping and also countervailing duties from the US and antidumping duties from the Eurasian Economic Commission, as well as major adjustments in manufacturing like personal bankruptcy of Deruibo Tyre as well as Capital Tyre and also the closure of Giti Chongqing manufacturing facility. Meanwhile, as China's nationwide specifications for compounded rubber took effect on July 1st, 2015, the new requirements and also modifications in organic rubber tariffs positioned the market under price stress.
In 2015, the Chinese tyre market made significant progress in overseas expansion: on May 28th, 2015, the very first TBR tyre at LLIT, the first abroad production base of Linglong Tyre, was off the assembly line efficiently; in November, Doublestar's plan to set up a new tyre plant in Kazakhstan, the first abroad manufacturing base of Doublestar, was accepted by the local government. Other 5 residential tyre manufacturers possessing abroad manufacturing facilities are Sailun Jinyu, Zhongce, Sentury, O'Green and Doublestar.
GET TO Amendment (EU) No. 1272/2013, expanded the PAHs restrict from extender oils to rubber and plastic components on a wide range of consumer articles, which means the pattern of TDAE will proceed in the future.
In addition to tires, other downstream industries like shoe materials, changed bitumen, TPE/TPR, vaseline, warm thaw adhesives and also lubricating substance blendstock are likewise appealing to investors.