Document VKJEggjNqvmpgzEq4d808yMEo

J i ASBESTOS TEXTILE INSTITUTE PRESENTATION BY H. W. HENDRY FRIDAY. OCTOBrit CTH. 1971 Shipments of Canadian asbestos fibre for the first seven months of 1^71 were L'*J2,L(.4 tons or 3.31 higher than for the same period in 1970. The availability of all grades of spinning fibre is good am. this situ ation can be expected to continue for same time in the future. The application of the U.S. surcharge does not apply to asbestos fibre, but indirectly the surcharge will affect sales of asbestos fibre to such countries as Japan am' West Germany. Prior to the application of the surcharge seme weakness in demand was evident in many of the Inter national markets. - World production of asbestos fibre in 1.70 was 3,22,C40 tons versus 3,C31,250 tons in IjC) or an increase of approximately SX. The problems related to asbestos and health are of continuing concern to the asbestos fibre producers. It is unfortunate inc.eec that the press representatives continue to ta e statements out of context anc: to be more Interested in sensationalism rather than facts. * Finally, the following comments are pertinent to the status of some new asbestos producers, viz: a) The new producer in Australia is forecast to be in production in early l:*72 at a rate of 75,000 tons per year. b) The asbestos producer in Brazil, located north of Brasilia, is ex pected to be Increased from 13,000 to 27,000 tons. c) The Colombian asbestos fibre prospect could reach the production stage at a rate of approximately 25,000 tons per year. . d) Worl: IS being continued to develop an asbestos producer in Central Colombia. If financing can be arranged the production rate is ex pected to be 25,000 tons annually. e) Wor : is being continued by Cerro Corporation toward the evaluation of an asbestos deposit in Central Creece. N. W. Hendry General Sales Lanager Canadian Johns-lianvtile Asbestos Limited