The Guidance on the Comprehensive Utilization of Waste Tires, published by the Ministry of Industry and Information Technology on January 20, 2011, requires that in the next five years, the domestic tire renewal rate will be greatly increased, and about 10 well-known enterprises for the comprehensive utilization of used tires will be cultivated. Industry insiders believe that with the launch of the tire re-use market, listed companies such as soft-control stocks are expected to benefit.
According to the Ministry of Industry and Information Technology, at present, China has become a major consumer of rubber resources. Annual average rubber consumption accounts for 30% of the world's total rubber consumption. Every year, China's rubber product industry needs more than 70% of natural rubber and more than 40% of synthetic rubber needs to be imported. The contradiction between supply and demand is very prominent.
However, China's tire renewal rate is only about 7% per year, far below the world average rate of 15%, the comprehensive utilization of waste tires industry development can not meet the current requirements of resource and environmental conditions.
To this end, the "Guidance Opinions" require that by 2015, the level of renovation of used tires in the country has been greatly improved, the retreading rate of heavy-duty tyres has been increased to 25%, the retreading rate of mega-engineering tyres has been increased to 30%, and the retreading of car tyres has achieved zero breakthrough. At the same time, the environmental compliance rate of waste tire resources processing reached 80%, the development of recycled rubber products was stable, the annual output reached 3 million tons, the annual output of rubber powder reached 1 million tons, the pyrolysis reached 120,000 tons, and about 10 scrap tires were cultivated. Use well-known companies.
The Ministry of Industry and Information Technology stated that in order to achieve the above objectives, it will give strong support in legislation, standard construction, recycling systems, market access, and technological innovation.
The government's intervention support will bring greater opportunities for companies that are well-prepared in the field of waste tire use. The RFID electronic label project of the company's independently-innovated shares of listed companies will pass the appraisal, and this technology will be used in the construction of recycling systems for the comprehensive utilization of used tires. Important role. In addition, the listed companies benefiting from the industrialization of waste tires' comprehensive utilization also include Sui Tire and Aeolus, among others. The retreaded tires of the related companies have a good reputation and competitiveness in the industry, and the price and market share are generally stable.
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