CCIG calls for 'substantial' incentives to welcome the APDP 9th September 2008
The South Africa-based Catalytic Converter Interest Group (CCIG) has urged the government to offer "substantial" support to allow the manufacture of automotive catalysts to continue past 2013.
The government announced the implementation of an Automotive Production and Development Programme (APDP) last week, which is aimed at bringing the R20 billion industry in line with World Trade Organisation (WTO) regulations.
Now CCIG chairman Hans Kuehn - who confirmed the group is in talks with the Department of Trade and Industry (DTI) - has released a statement calling on the authorities to provide the backing required to keep the industry competitive.
He said: "Those [catalytic converter] companies are looking for certainty - and incentives which support the business case for continuing manufacture in South Africa.
"The CCIG estimates that these incentives will have to be substantial, but that is the cost of keeping the industry in the country."
South Africa currently provides 15 per cent of the world's catalytic converter output, but Kuehn warned that with some production already leaving the country, the APDP needs to be incorporated with sufficient incentives and certainty to maintain necessary investment.
Source:
Autocat industry calls for 'substantial' new incentives as SA phases out MIDP (09/09/08)
http://www.engineeringnews.co.za/article.php?a_id=142690
Catalytic converter industry made to wait over new plans (05/09/18)http://www.platinum.matthey.com/media_room/catalytic_converter_industry_made_to_wait_over_new_plans_18766510.html
Related articles
- Moving towards cleaner exhaust systems
- Automotive Roundup May 2012
- PLATINUM MARKET SWUNG BACK INTO SURPLUS LAST YEAR, MARKET FORECAST TO REMAIN IN OVERSUPPLY IN 2012
- Johnson Matthey announces expansion of Macedonia autocatalyst plant
- Johnson Matthey unveils new Modulex catalytic convertors and silencers

© Adfero Ltd
Bookmark Using:
Send by email Share on Facebook Tweet this LinkedIn Digg it Bookmark with Delicious Subscribe to Feed Print this page