International Trading of Polymers and Petrochemicals

Rubber has once again become a strategically important raw material for the European Union

Natural rubber is on the list of critical raw materials for Europe again. The raw material was added to the list first time in 2017 for a period of three years.

Strategically important raw materials are needed to support high-tech industries such as mechanical engineering, automobile and aircraft manufacturing, and the chemical industry.

The updated list will be included in the EU's industrial strategy as an important element to ensure uninterrupted supplies for the EU industrial sector.

The industry is also exploring the possibility of using natural rubber from dandelion and guayula for the production of both tires and other rubber products.

News source: