Thailand boosts rubber use, accounting for 30% of rubber production in 10 years
May 10, 2019
At the symposium on sustainable development of the rubber industry in Thailand on March 20, Admiral Ba Jin pointed out that the Thai government is committed to improving the rubber processing industry in Thailand and increasing the amount of rubber used in the next 10 years. The rubber processing ratio has increased to 25% to 30%.
It is understood that the annual production rate of rubber produced in Thailand is 15% to 18%, and the other 80% is exported overseas.
At present, the production and manufacture of many Thai government security agencies, police and military equipment are inseparable from rubber, but they all need to rely on imports. Therefore, the Thai government has introduced a promotion policy to support the processing of related equipment at home to reduce capital consumption. Relevant policies include promoting the construction of rubber city, supporting the development of new products to meet market demand, covering medical, agricultural and automotive industries. And so on.