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China Sunsine Chemicals Holdings
21-09-2018, 04:30 PM.
Post: #971
RE: China Sunsine Chemicals Holdings
From today's Business Times article by Marissa Lee

"But Jennie Liu, spokesperson for China Sunsine Chemical Holdings, which sells rubber accelerators to tyre makers, told BT: "We don't see any material impact on our sales from the new tariffs. China Sunsine's direct exports to the US market were about 5 per cent in 2017; in the first half of 2018, they dropped to 2 per cent. Global demand for rubber accelerators will rise in tandem with growing car population."

She added that many Chinese tyre makers have set up factories in South-east Asia, after the US imposed anti-dumping and countervailing taxes on passenger and light-truck tires in 2014."

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