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2 Million Sets of All-steel Tire Factory of Shandong Yousheng Tire Limited Company was Put into Production
On March 21, first all-steel radial tire of Shandong Yousheng Tire Limited Company was produced successfully. With a floor area of 280mu, this project plans to invest 1 Billion Yuan in total, in which the investment of first phase is 500 Million Yuan. It is planned that in this June, the daily output of tire will reach 3000 units and the annual capacity w
Source: China Rubber Journal
2020/06/18
The Project with Annual Output of 2.50 Million Tires of ZC Rubber Commenced
Hangzhou ZC Qingquan Industrial Co., Ltd. is investing 1.2 Billion Yuan to build a project with an annual output of 2.50 million all-steel radial tires according to “new process, new equipment and new eco-friendly devices” standard. The first phase of this project was commenced in December 2019, and the second phase is predicted to be commence
Source: China Rubber Journal
2020/06/18
Tangshan Sunfar will Building a Project with Annual Output of 75000 Tons of Silane Coupling Agent
On March 11, the Project with An Annual Output of 75000 Tons of Silane Coupling Agent (First Phase) of Tangshan Sunfar New Materials Co., Ltd. was commenced. Its first phase is the project “with an annual output of 15000 tons of Silane Coupling Agent Intermediate” has been listed as key project plans of Hebei Province in 2020. With a total
Source: China Rubber Journal
2020/06/18
Shougang Concord Century Planned to Expand the Capacity of 100,000 Tons of Steel Cord
On March 24, Shougang Concord Century Group published 2019 annual report, which revealed that it would accelerate the construction of brass wire project of Teng-hou Eastern Steel Cord Co., Ltd. and realize the capacity of 100000 tons of steel cord during “the 14th Five-year” as soon as possible. In 2019, the realized operating revenue of Shoug
Source: China Rubber Journal
2020/06/18
Prinx Chengshan Thailand Factory was Put into Production
On March 25, the first all-steel radial tire of Prinx Chengshan Tire (Thailand) Co., Ltd. was successfully produced, which marked completion of all-steel radial tire production line; on April 18, the first semi-steel radial tire of Prinx Chengshan Thailand was successfully produced, which became another milestone of constant high-speed development of Prinx C
Source: China Rubber Journal
2020/06/18
Daye Shares Prepares to Build an Overseas Factory
On March 25, Daye Shares disclosed its performance of 2019, in 2019, the realized operating revenue was 2.73 Billion Yuan, with a year-on-year increase of 11.91%; the realized net profit was 152 Million Yuan, with a year-on-year decrease of 25.87%. The 2020 operation plan of Daye Shares includes: vigorously develop steel cord products, accelerate construc
Source: China Rubber Journal
2020/06/18
Shandong Approved a Moulds Enterprise to Build Factory in Thailand
On March 27, Shandong Development and Reform Commission published the filing announcement, and Shandong LiChond Mould Co., Ltd. was approved to build LiChond Mould (Thailand) Technology Co., Ltd. in Thailand. As China’s tire enterprises accelerate its construction of factories in Thailand, Vietnam, etc., the supporting enterprises of tire also quick
Source: China Rubber Journal
2020/06/18
Shandong Approved the Project with Annual Output of 3 Million All-steel Tires
On March 27, Shandong Development and Reform Commission published energy conservation review noti-fication the project with an annual output of 3 million all-steel radial tires of Shandong HAOHUA Tire Co., Ltd. was approved. The newly-increased building area of this project is 184700m2. The main architectures include one mixing workshop wit
Source: China Rubber Journal
2020/06/18
The Steel Cord Capacity of Xingda Thailand Company this Year will Reach 70000 Tons
On March 27, Jiangsu Xingda Steel Tyre Cord Co., Ltd. published its unreviewed 2019 performance report, its realized operating revenue of the whole year was 7.583 Billion Yuan, with an increase (year-on-year, the same below) of 0.3%; its gross profit rate increased by 1.9 percentage points to be 19.4%, and its net profit attributable
Source: China Rubber Journal
2020/06/18
The Operating Revenue of Himile Science and Technology in 2019 Increased by 17.79%
On March 31, Himile Science and Technology published an announcement, stating that in 2019, its realized operating revenue was 4.387 Billion Yuan, with a year-on-year increase of 17.79%; the net profit attributable to the shareholders of the listed company was 863 Million Yuan, with a year-on-year increase of 16.73%; and the net asse
Source: China Rubber Journal
2020/06/18
MESNAC Turned from Deficits to Profit to Achieve Net Profit of 78.04 Million Yuan Last Year
On April 21, MESNAC published 2019 annual report, in 2019, the realized operating revenue was 2.865 Billion Yuan, with a year-on-year increase of 3.78%; the net profit attributable to the shareholders of the listed company was 78.0486 Million Yuan, with a year-on-year increase of 124.95%. In recent two years, the downward pressure&nb
Source: China Rubber Journal
2020/06/18
ZC Rubber Realized Cloud Contract Signing with Nanjing Green Gold Giant Build 3 Reclaimed Rubber Production Lines
The media reported on March 21 that ZC Rubber Group Co., Ltd. lately realized cloud contract signing with Nanjing Green Gold Giant Rubber and Plastics High Technology Co., Ltd. on Expansion Project with “an annual output of 20000 tons of reclaimed rubber”, both parties cooperated to increase 3 more “complete equipment for green preparation
Source: China Rubber Journal
2020/06/18
Sailun Dongying’s Project of 27 Million Tires was Launched
On February 21, High-performance Semi-steel Radial Tire Expansion Project of Sailun Group Dongying Factory was officially launched. This project is listed in 2020 Key Engineering Projects of Guangrao County, Shandong Province, with an investment of about 1 Billion Yuan, its products, technologies and equipment will reach advanced level of domestic tire indus
Source: China Rubber Journal
2020/06/17
The Profit of Saixiang in Last Year Sharply Increased by 37.89%
On February 28, Saixiang Technology published its 2019 performance report, its total operating income in 2019 was 531 Million Yuan, which increased by 16.92% compared with that in last year; the net profit attributable to the shareholders of the listed companies was 10.2167 Million Yuan, which increased by 37.89% compared with that in last year. Affected
Source: China Rubber Journal
2020/06/17
Yiyang Rubber and Plastics Machinery was Recognized as National Enterprise with an Advantage in IPRs
On March 18, Yiyang Rubber and Plastics Machinery Group Co., Ltd. received the plaque of “National Enterprise with an Advantage in IPRs”, whose validity period was three years in total from December 2019 to November 2022. For long, Yiyang Rubber and Plastics Machinery has paid great attention to organic combination of scientific and technologi
Source: China Rubber Journal
2020/06/17
Shuang Yang Mechanical Engineering Recycled Returned Rubber of Tire
On March 4, “Key Technology and Complete Equipment for Efficient Recycling of Returned Complex Rubber Resources of Tire” project of Taixing City Shuang Yang Mechanical Engineering Co., Ltd. won the Third Prize of Science and Technology Progress of Jiangsu Province. Improving the recycling rate of leftover materials of rubber parts generated du
Source: China Rubber Journal
2020/06/17
Equity Structure of Chongqing General Trading Group “Changed”
The Board of Directors of Chongqing Department Store Co., Ltd. published announcement on April 3, stating that its controlling shareholder Chongqing General Trading Group Co., Ltd. completed industrial and commercial change registration and Tianjin Wu Mart and Better Life Retail increased the capital to become shareholders. The industrial and commercial r
Source: China Rubber Journal
2020/06/17
5 Vulcanizing Machines of Yiyang Yishen Rubber Machinery were Sent to Southeast Asia
In late March, three 55-inch and two 65-inch high-precision hydraulic tire vulcanizing machines of Yiyang Yishen Rubber Machinery Co., Ltd. were sent to Southeast Asia。 In mid March, twelve 55-inch mechanical vulcanizing machines of this company were sent to Bangkok Port, Thailand. As introduced by Yishen Company, this batch of high-precision hydraul
Source: China Rubber Journal
2020/06/17
Linglong Tire Aided Serbia
On March 25, Linglong Tire donated 300000 disposable medical surgical masks, 2000 medical protective clothing and 10000 servings of 2019-nCoV antibody detection kits to the government of Serbia. On March 15, Serbia declared a state of emergency and requested for aid from China. Linglong Tire also reacted quickly to give a helping hand to Serbia where fore
Source: China Rubber Journal
2020/06/17
The first agricultural radial tire goes offline, new products create profit growth point
On May 19, the first agricultural radial tire 600 / 65R28 of Qingdao QIHANG Tire Co., Ltd. was successfully put off the production line. New products brought more economic benefits to the enterprise, which also became a milestone in the high-quality development of Qihang Tire. In the process of research and development, the scientific and technologica
Source: China Rubber Web
2020/06/12
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