Bangkok, Thailand – Bangkok will host the 7th Global Rubber & Tire Markets on June 3-4, congregating international players for updates and evaluation on market prospects in the rubber and tire industry, changing trends across regions and growing demand in developing countries. CMT’s 7th Global Rubber & Tire Markets examines the industry closely, with perspectives set between a three- and five-year period.
Industry majors will convene at the summit to address game-changing phenomena, including tire labeling legislation, green mobility and demand surge in developing countries. EU’s tire labeling legislation will set in motion a rippling effect across the global tire industry as trade dynamics in both raw materials and end products are expected to change. Innovations and technology in the region will also be pushed to evolve following this green mobility era, affecting Asian tire makers and players involved.
Christoph Kalla, VP marketing at Lanxess International, one of the key speakers on the green agenda, gives an overview on tire labeling and its effect on global market dynamics, and Chen Qiubo examines the implications of EU’s legislations on China as well as the country’s readiness for this industry evolution. Leaders from JK Tyre & Industries and Orgkhim Biochemical Holding will elaborate on green tire technology and carcinogenic safe rubber processing oil and applications at the annual meet as well, giving participants an all-rounded perspective on this new trend. Zooming into economic challenges, Frederico Gil Sander, economist at the World Bank evaluates the U.S.’s slow recovery and Europe’s debt crisis and their implications on Asia’s market. Onto the more specific natural rubber and synthetic rubber market outlook are Chayo Trangadisaikul, secretary general of Rubber-Based Industry Club, The Federation of Thai Industries, and Virendra Rathod, head of the Synthetic Rubber Business at Reliance Industries Limited, respectively. Paitoon Wongsasuthikul, of Agrowealth Co. also joins the speakers’ panel, casting an overview on the latex market.
Source: Rubber World