Dawn Successfully Trial-produced HNBR

On June 18, Shandong Dawn Polymer Material Co., Ltd. announced that its 3,000 ton/year specialty HNBR (hydrogenated butadiene-acrylonitrile rubber) device had successfully started up and produced qualified products, and afterwards, the company would actively verify products, develop new products and exploit markets with customers. The project is under t

Source: China Rubber Journal

2019/08/19

Qingdao Blackcat Cooperated to Construct Academician Workstation

On June 19, Qingdao Blackcat Company officially signed a contract with Jian Xigao, an academician of the Chinese Academy of Engineering, to establish the first academician workstation in carbon black industry. The two parties agreed that in the next few years, depend on the academician workstation, Qingdao Blackcat will rely on R&D strength to “

Source: China Rubber Journal

2019/08/19

New Universal Science and Technology Settled in Xiangyang to Construct Two Major Projects

On June 21, Beijing New Universal Science and Technology Co., Ltd. announced that it had signed the Cooperation Framework Agreement on Investment in the Construction of Intelligent Equipment Production Project and Waste Tire Recycling Smart Factory Project with Hubei Province Yicheng People’s Government and Beijing Clean-tire Environmental Protect

Source: China Rubber Journal

2019/08/19

First Half Year’s Performance of Double Arrow Rubber Exceeded Expectations

On June 24, Zhejiang Double Arrow Rubber Co., Ltd. released the performance report of the first half of 2019. The net profit attributable to shareholders of the listed company of the period has increased by 50%-80% year-on-year, and the profit has reached RMB 109,168,800~131,002,600 Yuan. While the profit for the same period of last year is RMB 72,779,200 Yu

Source: China Rubber Journal

2019/08/19

“Belt and Road” Project of Tire and Conveyor Belt Completed

In mid-June, the “Belt and Road” Uzbekistan project which Yiyang Rubber & Plastics Machinery Group Co., Ltd. was involved in successfully passed the acceptance, and its two projects of conveyor belt and tire in this project were both completed. The “Belt and Road” Uzbekistan project was technically contracted by Beijing Rubber

Source: China Rubber Journal

2019/08/19

Jiangsu Tianshuo Invested RMB One Billion Yuan to Build New Latex Factory

With the raised funds of RMB 45.27 Million Yuan in place on June 5, funds were implemented for the project with annual production of 2 billion gloves, 3 billion balloons and 1.2 billion fingerstalls, which was constructed by Jiangsu Tianshuo Medical Products Co., Ltd. with an investment of RMB One Billion Yuan. Jiangsu Tianshuo is located in Sucheng Econo

Source: China Rubber Journal

2019/08/19

TIP Rubber Raises RMB 700 Million Yuan, Planning IPO to Rubber Hose

On June 14, China Securities Regulatory Commission (CSRC) predisclosed the IPO prospectus of Ningbo TIP Rubber Technology Co., Ltd. TIP will issue 33.52 million shares and raise RMB 724.31 Million Yuan for the construction project of medium and high pressure hose production base, construction project of automobile lightweight pipe fittings innovation capa

Source: China Rubber Journal

2019/08/19

Himile Technology Successively Deployed Factories in Indonesia and India

The overseas investment project of Himile Mechanical Science and Technology (Shandong) Co., Ltd. was recently filed in the relevant departments. “Triple shot” occurred within one month. In addition to the newly-built Phase II project of tire mold in Thai factory, the project constructions in Indonesia and India were also successively approved.

Source: China Rubber Journal

2019/08/19

GS Invested in Graphene Tire

On May 20, Jiangsu General Science Technology Co., Ltd. disclosed the news that it will establish a new investment company. It plans to invest in the military and civilian integration field with three other partners. Among them, new graphene materials, etc. will become the investment focus. The newly established investment company is tentatively named Tia

Source: China Rubber Journal

2019/08/19

Sailun Group Builds Two Top R&D Projects

In order to meet the development needs of enterprise, Sailun Group Co., Ltd. decides to build an ultra-high-performance tire test project and a finished tire product laboratory project with a total investment of RMB 203 Million Yuan. The total investment of the ultra-high-performance tire test project of Sailun Technology R&D Center is RMB 117.5 Milli

Source: China Rubber Journal

2019/08/19

Qingdao Doublestar Promotes Hengyu Technology to Get on Track Quickly

On May 28, after deliberation by the board of directors of Qingdao Doublestar Co., Ltd., it decided to increase the capital for the established industrial M&A fund by RMB 200 Million Yuan, all of which were used to increase the capital for Guangrao Jixing Tire Co., Ltd., and further used for the latter’s investment in and reorganization of Shandong

Source: China Rubber Journal

2019/08/19

Doublestar starts up scrap tire pyrolysis plant

Zhumadian, China – Doublestar has started up phase one of a scrap tire pyrolysis plant in Zhumadian, Henan province that is able to handle 100,000 tonne rubber or 10 million passenger car tires each year. “The plant has been running smoothly for over a month,” said Doublestar Group chairman and general manager Chai Yongsen during his spe

Source: European Rubber Journal

2019/08/19

Three Rubber Enterprises Including Sennics were Selected as First Batch of “Small Giants”

On June 13, the Ministry of Industry and Information Technology (MIIT) released the Enterprise List of First Batch of Specialized, Fined, Peculiar and New “Small Giants”, and three rubber enterprises were selected, including Anhui Sennics Co., Ltd., Yunnan QuakeSafe Seismic Isolation Technologies Co., Ltd. and Shaanxi Kelong Energy Technology Cor

Source: China Rubber Journal

2019/08/19

Boosted by the easing trade war, rubber still likely to rebound

Foreign Media: The United States will postpone the imposition of tariffs on some Chinese goods until December 15. The U.S. Trade Representative said that some products would be removed from the remaining $300 billion list, while the 10% tariff on mobile phones, computers, some toys, monitors, some clothes and shoes would be postponed until December 15 (inste

Source: China Rubber Web

2019/08/15

ZC Rubber strengthens US off-road tire management team

Chan Phothisane has joined ZC Rubber America as off-road tire national sales director. Phothisane previously worked for Alliance Tire Group as sales representative for the Western region and has also worked at Horizon Tire where he oversaw the North Central, Northeastern, Southeastern and Midwest territory as a regional sales manager. According to

Source: Tire Technology International

2019/07/18

Report: Chinese Aftermarket to Grow by 7.5% Per Year

The Chinese aftermarket is forecasted to grow 7.5% per year through 2030, according to a report by McKinsey. According to the report, the rest of Asia will be the second-fastest-growing market with a growth rate of 6.1%. The North American market is forecasted to grow at a rate of 1.7% per year and followed by Europe at 1.5%. The China Intern

Source: Tire Review

2019/07/17

What’s Treading, Ep. 1: How Could Chinese Tariffs Impact the Tire Industry?

Welcome to the “What’s Treading” podcast from Tire Review. In each episode of “What’s Treading,” we’ll bring you the latest tire industry news and trends, technology and shop management practices among dealers in the industry today. In our first episode, we delve into the topic of tariffs on Chinese imports. Aroun

Source: Tire Review

2019/07/15

US Companies May Submit Requests to be Excluded from China’s List 3 Tariffs

From SEMA eNews/SEMA Washington, D.C., Staff The U.S. Trade Representative (USTR) will accept exclusion requests for the List 3 China Tariffs List for products imported from China, beginning June 30 and ending Sept. 30, 2019. Any exclusions granted will be retroactive to Sept. 24, 2018, when the duties were first put in place. The

Source: Tire Review

2019/07/10

China Commerce Ministry starts anti-dumping probe into EPDM imports

The dumping investigation period determined by this investigation is from January 1, 2018 to December 31, 2018, and the industrial damage investigation period is from January 1, 2015 to December 31, 2018. The investigation period should normally be completed by June 19, 2020, and may be extended to December 19, 2020 under special circumstances. The appli

Source: China Rubber Web

2019/06/25

The National Development and Reform Commission Solicited Opinions on Catalogue for Industrial Restructuring

◎ Si Xianchao On April 8, The National Development and Reform Commission publicly solicited the opinions on Guidance Catalogue for Industrial Restructuring (Version 2019), which involved multiple products in rubber industry. The Catalogue consists of three categories, encouraged category, limited category and eliminated category. Before, the latest vers

Source: China Rubber Journal

2019/06/19