The automobile market seems not optimistic, and the tire output expected to drop by 15% this year

Yang Honghui On May 28, CRIA held online live broadcasting of "2020 China Rubber Annual Conference". Xu Haidong, Deputy Chief Engineer and Director of Industry Research Department of China Association of Automobile Manufacturers, said that this year's three major reasons affect automobile consumption. If the domestic and foreign epidemic sit

Source: China Rubber Journal

2020/06/02

Jiangyin Haida aims to become one of top 50 non-tire enterprises in the world

On March 28, Jiangyin Haida Rubber & Plastics Co., Ltd. issued its 2019 annual report, proposing to enter the top 50 non-tire rubber products enterprises in the world through 3-5 years' efforts. In 2019, Jiangyin Haida achieved an operating revenue of 2.241 billion yuan, an increase of 5.22% (the same below), a net profit of 224 million yuan, an i

Source: China Rubber Journal

2020/05/26

Yueyang Ruisenda Rubber & Plastic starts transmission belt project

On March 30, Yueyang Ruisenda Rubber & Plastic Industry Co., Ltd. started the relocation project with an annual output of 16 million rubber transmission belts. Risenda Rubber & Plastics was established in January 2011. In order to meet its own development needs and environmental protection needs, it decided to move the plant to Yueyang green chemi

Source: China Rubber Journal

2020/05/26

Pengling takes over seals business

On March 31, Tianjin Pengling Group Co., Ltd. issued its 2019 annual report, achieving an operating revenue of 1.601 billion yuan, an increase of 9.79% (year-on-year, the same below); and a net profit of 136 million yuan for shareholders, an increase of 14.97%. Under the economic downturn of the automobile industry, the revenue of the main products of Pen

Source: China Rubber Journal

2020/05/26

Double Arrow holds Huanneng Transmission with 65 million yuan

On April 7, Shuangjian announced that in order to accelerate the development of its main business, the company plans to purchase 55.99% and 24.01% shares of Zhejiang Huanneng Transmission Technology Co., Ltd. (hereinafter referred to as "Huanneng Transmission") held by Sanlux and Fengyi Venture Capital respectively with 41.9912 million yuan and 18.

Source: China Rubber Journal

2020/05/26

Yanggu Huatai's first quarter profit falls for reason

On April 9, Shandong Yanggu Huatai Chemical Co., Ltd. revised the first quarter's performance forecast. It is estimated that the net profit (net profit) of the first quarter will be 1 million to 5 million yuan, down 98.19% - 90.94% (year-on-year, the same below). Affected by the epidemic and the overall market environment, the company said that its pr

Source: China Rubber Journal

2020/05/26

BOTON Technology achieves profit of nearly 100 million yuan in first quarter

On April 9, Wuxi Boton Technology Co., Ltd. announced the unaudited first quarter performance of this year, with a net profit of 96.3114 million to 113.8226 million yuan, up 10% - 30% (year-on-year, the same below). During the period of epidemic prevention and control, the company made steady growth in performance by actively organizing resumption of product

Source: China Rubber Journal

2020/05/26

"6 + 6" strategy starts, Jilin Linglong tire project starts

On April 14, Changchun Municipal People's government, China First Automobile Group Corporation and Shandong Linglong Tire Co., Ltd. signed the strategic cooperation framework agreement. On April 15, the launch ceremony of Jilin Linglong 14.2 million tire intelligent production project, the fifth production base of Linglong tire in China and the seventh p

Source: China Rubber Journal

2020/05/26

Breakthrough in SR export of Yanshan Petrochemical

On April 16, it was reported that the vessel carrying NdBR from Yanshan Petrochemical left Tianjin port for Thailand. This is Yanshan Petrochemical's another breakthrough in SR product export after their first export of BIIR to Venezuela in early March. Both BIIR and NdBR units of Yanshan Petrochemical are the first industrial production units in Chin

Source: China Rubber Journal

2020/05/26

GRM expands "One Belt, One Road" blue ocean market

At the time of the global epidemic, Guilin Rubber Machinery Co., Ltd. (GRM) bucked the trend and successfully signed contracts with a new customer in Bangladesh in April. This made their "customer circle" in the "One Belt, One Road" market expand to 21, and it showed that the digital marketing strategy has achieved initial success. Thi

Source: China Rubber Journal

2020/05/26

Successful test run of low lag green carbon black in Qingdao

On April 14, after more than 10 hours of intense and orderly work by the commissioning technicians, Qingdao Black Cat New Material Research Institute Co., Ltd. successfully put the low lag green carbon black pilot test R&D line into commissioning and obtained the first batch of samples. The head of Qingdao Black Cat Research Institute said that in the

Source: China Rubber Journal

2020/05/26

Zhejiang Hailite building automobile air-conditioning pipe project

On April 16, Zhejiang Hailite Automobile Air-conditioning Accessories Co., Ltd. held the commencement ceremony. The company is invested and established by Shanghai Automotive Air-conditioning Accessories Co., Ltd. (SAAA, for short), covering an area of 73 mu, with a total investment of 600 million yuan. SAAA is a Sino-foreign joint venture specializing in

Source: China Rubber Journal

2020/05/26

GS Qianlima launches airtightness improved inner tube

News on April 24, General Science Qianlima Inner Tube Factory has recently launched their high-tightness butyl inner tube. According to the authoritative test in the laboratory, compared with their original ordinary inner tube products, the permeability coefficient of butyl inner tube produced by the high airtightness formula is greatly reduced, the overall

Source: China Rubber Journal

2020/05/26

Foundation of 100,000 ton NBL project in Ningbo

On April 10, Ningbo LG Yongxing Chemical Co., Ltd. held the foundation laying ceremony for the project with an annual output of 100,000 tons of NBL polymer materials. The total investment of the project is 330 million yuan, covering an area of 30 mu, adopting the latest technology of LG Chemical. The design and construction period is about one year, and i

Source: China Rubber Journal

2020/05/26

Strategic alliance between Hainan Rubber and Sailun

On April 15th and 16th, Hainan Rubber and Sailun Tire issued announcements of signing the strategic cooperation agreement one after another. Hainan Rubber intends to participate in the subscription of Sailun Tire's non-public offering of no more than 351 million shares in 2020 and become a strategic investor of Sailun Tire. The two parties will take adva

Source: China Rubber Journal

2020/05/26

New breakthrough of eucommia rubber in truck tire industrialization

Yang Honghui As a cutting-edge and strategic new material, the industrial application of eucommia rubber in the tire industry has always been the concern of rubber enterprises. Recently, Jiangsu General Science Technology Co., Ltd. officially released the new high wear-resistant eucommia tire branded as Qianlima 5X XR290, which realized the new breakt

Source: China Rubber Journal

2020/05/25

Hangzhou key projects announced including two projects from Zhongce Rubber

On May 13, Hangzhou issued the 2020 key project plans. Of the 108 industrial projects with a total investment of 335.1 billion yuan, two tire projects with a total investment of 4.76 billion yuan from Zhongce Rubber Group were included. Hangzhou Zhongce Qingquan Industrial Co., Ltd. will build a production line with an annual output of 2.5 million sets of

Source: China Rubber Web

2020/05/22

How Zhongce Rubber turns back to domestic market during overseas lockdown?

During the Spring Festival, the sudden outbreak of Covid-19 caused all tire companies to be caught off guard, they have been turning around and showing their abilities. In 2019, the main business income of Zhongce Rubber Group Co., Ltd. was RMB 25.023 billion, ranking first among tire enterprises in China. Entering the new year, they have also faced the s

Source: China Rubber Web

2020/05/20

CRIA Published the First Batch of Group Standards of this Year

According to the requirements of Administrative Provisions on Group Standards, on February 26, China Rubber Industry Association (CRIA) published the first batch of 3 group standards in total of this year, which will be put into effect from March 1. The group standards published this time are: E-series Reclaimed Rubber Softening Agent (T/CRIA  21002-

Source: China Rubber Journal

2020/04/14

Export Momentum in Rubber Machinery Industry is Good, and Annual Revenue May Decline

◎ Chen Weifang In the just past 2019, the main economic indicators of China’s rubber machinery industry have improved compared with the previous year. Except that the realized profit was still in negative growth, other indicators have turned from negative to positive with sales revenue increasing by 6%, and export delivery value in

Source: China Rubber Journal

2020/04/13