Top ten news of China's rubber industry in 2020

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Overcoming the impact of the epidemic, China's overseas rubber projects have developed steadily

Although the overseas epidemic situation is still serious, Chinese rubber companies have actively overcome difficulties and overseas projects have made steady progress
.
In January 2020, General Rubber (Thailand) Co.
, Ltd.
grandly opened in Rayong Industrial Park, Thailand; In February, the civil construction work of the third phase of Zhongce Rubber (Thailand) All-steel Workshop started; in March, Sunon Chemical Thailand Co.
, Ltd.
opened in Thailand.
The construction of Logana Industrial Park in Buri Province officially started, and after completion, it will have an annual production capacity of 25,000 tons of rubber antioxidants; Xingda Steel Cord Thailand Plant completed the construction of the plant and put it into trial operation, and the production capacity is expected to reach 70,000 tons within the year; The first all-steel tire of Lin Chengshan (Thailand) Co.
, Ltd.
rolled off the production line smoothly, and the all-steel tire production line was put through; in May, the first semi-steel tire for the 3 million PCR expansion project of Sailun Vietnam plant officially rolled off the production line; in June, Jinyu Tire The foundation of the project with an annual output of 2 million all-steel tires was laid in the Fudong Industrial Park, Tay Ninh Province, Vietnam; the construction of the plant area and workshops and other civil infrastructures of the Guizhou Tire Vietnam Plant with an annual output of 1.
2 million all-steel tires began; in November, Linglong Tire and Uzbekistan The rubber product factory signed a contract through the network, and Linglong continued to provide technical support for the second phase of the plant; Haohua Tire Co.
, Ltd.
held a signing ceremony in a tire factory in Sri Lanka with an investment of approximately US$300 million
.

10.
The impact of international trade frictions has expanded from domestic to foreign countries

China's rubber industry has been the hardest hit by international trade frictions in recent years.
In May 2020, the United States launched anti-dumping and countervailing investigations against passenger car and light truck tires in Thailand, Vietnam and other countries and regions, which directly affected the establishment of factories overseas.
Chinese tire companies
.
On July 14, the U.
S.
International Trade Commission preliminarily ruled that imported tires from Thailand, Vietnam and other countries and regions caused substantial damage to the domestic industry in the United States; on November 4, the U.
S.
Department of Commerce released the preliminary results of the anti-subsidy ruling on the products under investigation in Vietnam.
The subsidy rate of Sailun (Vietnam) is 6.
23%; on December 30, the preliminary results of anti-dumping against Thailand, Vietnam and other countries and regions were released
.
At present, Linglong Tire, Zhongce Rubber, Qingdao Senqilin, Double Coin Tire, General Rubber, and Pulin Chengshan have built tire factories in Thailand, and Sailun Group, Jinyu Tire, and Guizhou Tire have built and are building tire factories in Vietnam
.
In addition, foreign countries have made many anti-dumping and countervailing rulings against Chinese rubber companies
.
On April 8, the US Federal Register issued an announcement on the review of the “dual anti-dumping” case of Chinese truck and bus tires; on April 22, the US Department of Commerce made the third anti-dumping on passenger car and light truck tires originating in China.
The final decision of the administrative review; on May 4, the Brazilian Ministry of Industry and Trade Services announced the launch of an anti-dumping sunset review investigation on new pneumatic truck and bus tires imported from China; on May 27, India launched an anti-dumping investigation against China's rubber additive PX-13; On June 12, the US Department of Commerce issued the preliminary findings of the fourth review of anti-dumping on passenger car and light truck tires in China; on August 19, the Eurasian Economic Commission launched the first anti-dumping on truck and bus tires originating in China.
Sunset review and investigation; On November 4, the US Department of Commerce published in the Federal Register the final results of the rapid sunset review of passenger car and light truck tires in China
.

(Released by China Rubber Industry Association)