Argentina Encourages Leather Shoes, And Saudi Arabia Wants To Build Synthetic Rubber In 2015.

Argentina is a famous animal husbandry country in the world. The number of cattle and sheep ranks the highest in the world. It is an important exporter of leather products in the world. The leather products of Argentina are soft and delicate, and the prices are much lower than those in Europe and the United States. They are one of the favorite products of tourists.

Industry minister D e boraGiorgi said he encouraged the country.

By 2020, 200 billion pairs of shoes will be produced from local leather, which may create about 12000 jobs.

"I predict that when we reach 2020, the export of semi finished leather will not be the trend in the future," she said in a local industry event held in mid June.

The minister explained that the government is helping tanneries and footwear companies to find strong demand in the domestic market, invest in new technologies through soft loans, and protect local origin from imports with illegal competitive properties.

She called on all businesses in the industry to do everything they can to Argentina.

Add additional value.

In June 25th,

SABIC and ExxonMobil Chemical Company jointly announced the construction of a world-class elastomer manufacturing base in Jubail industrial city.

To this end, a joint venture Petrochemical Industries Co al KEMYA will be established and is expected to be completed in 2015.

The total investment of the new project is US $3 billion 400 million, with an annual output of 400 thousand.

Facilities include halogenated butyl rubber, styrene butadiene rubber, polybutadiene, three ethylene propylene diene monomer (EPDM), thermoplastic special polymer and carbon black.

The products are mainly exported to the Middle East and Asian markets.

The two companies have approved the next stage of project development, engineering, procurement and construction (EPC) contracts.