Due to the risk of eruption of Mount Agung, Bali, The Organizing Committee decides to move the venue from Bali Nusa Dua Convention Centre to Grand Sahid Jaya Hotel, Jl. Sudirman Kav.86, Jakarta. We are very sorry for the inconvenience that may occur due to unpredictable natural disaster. We are looking forward to seeing you in Jakarta
The natural rubber (NR) industry is a significant contributor to the global economy. Many rubber products depend on NR for their quality performance. More than 60% of the world’s production of NR goes into the tyre sector. In fact some products such as the aviation tyres depend fully on the supply of NR for their production.
Over the years, the world has sometimes witnessed uncertainties in the supply of NR. Much of the uncertainties have been attributed to the NR price volatility. Despite various initiatives at the global and regional levels to intervene to stabilise prices, price volatility continues to be an issue . The fact indicates that every 4-5 years, NR prices decline and the most severe is in the recent period.
The highs and lows of NR prices are now accepted as a reality by the industry. It is time to think of better ways to cope with that reality. An option that has been widely considered is to venture downstream and invest in the manufacture of value added products. With the rise in the global green economy, venturing downstream makes it attractive for NR because as an industrial elastomer, it meets all the requirements of a green material.
In upstream sector continuous efforts to reach higher productivity and cost efficiency are appropriate strategies to cope volatile NR price. New findings in high yielding clones, harvesting technologies, manufacturing and other agronomic practises are essential also to ensure sustainability of NR industry.
This conference in conjunction with World Plantation Conference and Exhibition 2017 (WPLACE 2017) provides an opportunity to deliver on the current issues and future challenges focusing on the theme “Current and Future Challanges in Natural Rubber Industry: Capturing Opportunities in The Green Economy”.