In the first half of the year, the overall profit of China's rubber industry fell sharply

In the first half of this year, affected by the outbreak of the domestic epidemic in many points, the blockage of logistics and transportation, the sharp rise in raw material and energy prices, and the serious contraction of the domestic market, the rubber industry factory inventory rose, the operating rate fell, and the overall profit fell
sharply year-on-year.

At the second council of the tenth session of the China Rubber Industry Association and the 2022 China Rubber Annual Conference (hereinafter referred to as the Rubber Annual Conference) held recently, Lei Changchun, vice president and secretary general of the China Rubber Industry Association, introduced that in the first half of this year, the current price of the rubber industry The total industrial output value decreased slightly year-on-year, and the sales revenue achieved positive growth; The export delivery value has increased significantly, becoming the main driving force for the economic operation of the industry, and the export rate (value) remains at a high level; The overall profit fell sharply year-on-year, of which tire products in addition to exports to maintain strong growth, the current price of industrial output value, sales revenue and profit are all reduced
year-on-year.

"Double decline" in production and revenue

This year, the domestic epidemic has occurred frequently at many points, and the production and operation of the entire industrial chain of the rubber industry have been greatly affected
.

According to the statistics of China Rubber Industry Association on 371 key member enterprises in 11 branches (professional committees) of tires, tires, hose tapes, rubber products, rubber shoes, latex, carbon black, waste rubber comprehensive utilization, rubber machinery molds, rubber additives, and skeleton materials, the total industrial output value achieved at current prices in the first half of the year decreased by 3.
20% year-on-year (the same below); Achieved sales revenue growth of 0.
30%.

Achieved an increase of 17.
31% in the value of export deliveries; The export rate (value) was 31.
58%, an increase of 4.
99 percentage points
.
Cash profit tax decreased by 27.
69%; Realized profit decreased by 30.
16%; The profit margin from sales revenue was 4.
70%, a decrease of 2.
13 percentage points
.
There were 53 loss-making enterprises, an increase of 96.
30%; The loss of loss-making enterprises was 796 million yuan, an increase of 142.
87%.

The inventory of finished products was 39.
403 billion yuan, an increase of 16.
03%.

Shen Jinrong, senior vice president of the China Rubber Industry Association and chairman of Zhongce Rubber Group Co.
, Ltd.
, analyzed that in the first half of this year, the economic operation of China's tire industry continued the difficult situation since 2021, the overall profit showed a major decline in the whole industry, and the output and revenue showed a "double decline"
.
Major economic restructuring and changes in transportation modes will continue to
affect China's tire market.
The old problems restricting the development of China's tire industry such as the high tariff on natural rubber have not been solved, but new problems such as labor costs, energy consumption, energy prices, environmental protection, and rising raw materials are becoming increasingly prominent
.
Shen Jinrong believes that the total overcapacity of China's tires will intensify, and it is imperative for industry integration and elimination of backward production capacity
.

Lei Changchun suggested that enterprises in the industry take the initiative to strengthen communication with upstream and downstream, local governments and associations, and actively feedback the difficulties and problems encountered; At the same time, the industry's leading enterprises should actively play an active role in stable production and stable market, face many difficulties, effectively control costs, open source and reduce expenditure, do a good job in epidemic prevention and control and normal production and operation of enterprises, and strengthen coordination, tide over difficulties with suppliers and distributors, accelerate the pace of international development, make full use of domestic and foreign resources and two markets, and make every effort to enhance the international competitiveness
of China's rubber industry.

Xu Wenying, president of the China Rubber Industry Association, said that at present, China's rubber industry is in a new period of strategic opportunities and a new starting point for achieving carbon peaking and carbon neutrality
goals.
The whole industry should strengthen its confidence in development, stabilize growth, promote transformation, strive to turn challenges into opportunities, turn pressure into power, further strengthen the leading role of scientific and technological innovation in the upgrading and development of the industry, use new technologies to accelerate the transformation of traditional technologies and process upgrades, accelerate the filling of shortcomings, strengths and weaknesses, and strive to cultivate new momentum and new advantages for
sustainable growth.

The rubber industry has entered the era of intelligent manufacturing

The "Guiding Outline of the 14th Five-Year Plan for the Development Plan of the Rubber Industry" puts forward clear development goals: "During the 14th Five-Year Plan" period, the rubber industry will adopt digitalization, intelligence, platformization and greening to achieve transformation through structural adjustment, scientific and technological innovation and green development, promote quality change, efficiency change and power change, and achieve higher quality, more efficient, fairer, more sustainable and safer development
.
Focus on improving product quality, automation level, information level, production efficiency, energy conservation and consumption reduction, environmental protection, industrial concentration, enterprise competitiveness and economic benefits, and accelerate the pace
of building a rubber industry power.

At present, China's rubber industry has entered a new era of
intelligent manufacturing.
Fan Rende, visiting professor of Qingdao University of Science and Technology, introduced the development process of intelligent manufacturing in China's rubber industry at the rubber annual meeting:

In 2014, China released the "Research on the Development Strategy of China's Rubber Industry Power", which clearly put forward the strategic measures for intelligent manufacturing of the rubber industry and the roadmap for
building a strong country in the rubber industry.

In 2016, a major breakthrough was made in the construction of intelligent tire factories, which is the beginning
of subverting the traditional rubber industry, transforming and upgrading, and practicing intelligent manufacturing.
China's rubber industry intelligent manufacturing has entered a new stage
.

In 2017, a number of tire companies have built smart factories
at home and abroad.
In addition, smart manufacturing began to expand
into the non-tire industry.

In 2018, the intelligent manufacturing of the rubber industry continued to advance steadily, the intelligent tire equipment continued to improve, and the software such as MES was deeply implemented, and began to pay attention to the formulation of relevant standards for intelligent manufacturing in the rubber industry
.

From 2019 to 2021, the rubber industry intelligent manufacturing alliance, community and network platform have emerged, and a number of high-level intelligent equipment, such as tire forming machines, have been put into operation
.
Important progress
has been made in the construction of intelligent recycled rubber production line and intelligent waste tire cracking plant.
Advances have been made in smart manufacturing in the non-tire industry, such as smart conveyor belts and hydraulic hoses to help build green mines
.

Carbon reduction in the industry is imminent

Data show that in 2021, China's carbon dioxide emissions will exceed 11.
9 billion tons, accounting for more than 30% of the global total, making it the world's largest emitter of carbon dioxide
.
Previously, the European Parliament has passed the amendment to the draft carbon border regulation mechanism (CBAM) by a majority vote on June 22, EU time, marking the countdown to the official implementation of the world's first "carbon tax" on imports
.

In this context, Xin Chunlin, deputy dean of the China Institute of Industrial Carbon Neutrality at Beijing University of Chemical Technology, said: "The implementation of the "carbon tax" mechanism for imported products will have three major impacts on the chemical industry: First, carbon tariffs will increase the export costs of the chemical industry; Second, carbon tariffs will intensify market competition for China's basic bulk chemical products; Third, carbon tariffs make the plastics industry face more challenges
in the future.
”

Xin Chunlin said that the current carbon emission reduction in the rubber industry is imminent
.
Global rubber demand in 2019 reached 28.
74 million tons
.
Among them, the demand for synthetic rubber is 14.
98 million tons, accounting for 52%; The demand for natural rubber is 13.
75 million tons, accounting for 48%.

1 ton of natural rubber from plant synthesis to the end of the use of life, a total of 2.
7 tons of carbon dioxide emissions, 1 ton of synthetic rubber life cycle carbon dioxide emissions of 10.
2 tons
.
The global industry is expected to generate nearly 200 million tons of CO2 emissions
in 2022.
Among them, the production of natural rubber is expected to reach 14.
11 million tons, producing about 38.
09 million tons of carbon dioxide; Synthetic rubber production is expected to grow to more than 15.
55 million tonnes, producing approximately 158.
61 million tonnes of carbon dioxide
.
(China Industry News, Zhang Nan)

Transferred from: China Industry News