News
Intelligent Tire X-ray Defect Detection Passed the Certification
On March 26, China Petroleum and Chemical Industry Federation appraised the achievement of the “Intelligent Tire X-ray Defect Detection System” in Hefei, and experts unanimously agreed that this product, with advanced technical indicators and strong applicability, had reached the international advanced level. This marks the Chinese intelligen
Source: China Rubber Journal
2019/06/18
A Batch of Rubber Projects Began Construction in Huangshi City
On February 20, 14 key projects with a total investment of RMB 4.5 Billion Yuan, including the high-performance radial tire project of Hubei Aulice Tire Co., Ltd., broke ground in Huangshi City, Hubei Province centralizedly.
The projects in the rubber industry include: the full-steel radial tire production line project with an additional annual output of
Source: China Rubber Journal
2019/06/18
2019 China Rubber Conference was Solemnly Held in Guangzhou
◎ Hao Zhangcheng
On March 25, 2019 China Rubber Conference and China Rubber Expo had a grand opening in Guangzhou, Guangdong. As the largest international rubber industry conference in the world, the meeting of this year attracted nearly a thousand persons of rubber-related upstream and downstream enterprises such as manufacturers of tire and rubber
Source: China Rubber Journal
2019/06/18
CRIA Organized Young Entrepreneurs of Second Generation of the Industry to Gather in Elite Meeting
◎ Hao Zhangcheng
On March 24, under the organization of CRIA, over 20 young entrepreneurs of second generation in rubber industry who have a common goal gathered, they prepared Young Elite Sodality of Chinese Rubber Industry, a stage belonging to the young generation with the wish of learning, making friends, mutual encouragement and realizing devel
Source: China Rubber Journal
2019/06/18
Double Coin's OTR tire plant in Thailand operating at capacity
Double Coin's plant in Thailand is operating at full capacity.
MONROVIA, Calif.—Double Coin Holdings Ltd.'s plant in Thailand is operating at full capacity, able to produce off-road and radial truck/bus tires, according to Tim Phillips vice president of marketing and operations for Double Coin's CMA L.L.C. subsidiary in Monrovia.
Source: Tire Business
2019/06/14
Double Coin/CMA Plant in Thailand Working at Full Capacity
A rendering of Double Coin Tires’ plant in Thailand
Double Coin and CMA‘s Thailand manufacturing facility is now working at full capacity to produce OTR and TBR products, the company says.
Built on a 3.6-million-square-foot site, the Thailand facility has the capacity to manufacture over 1.8 million TBR tires as well as ov
Source: Tire Review
2019/06/12
Kenda moving U.S. order production out of China
CHANGHUA, Taiwan — Taiwan's Kenda Rubber Industrial Co. Ltd. is transferring some of the production for the U.S. at its China factories to other Asian areas amid tariff angst.
"Kenda has many tire manufacturing facilities in Asia, we can offer productions from different factories to cover demands from customers in a different part of th
Source: Tire Business
2019/06/12
Gallery: Michelin Holds Movin’On Summit in Montreal
Pictured is the Uptis prototype (left) next to the idea for the original concept.
The Michelin Group played host to more than 5,000 leaders from the academic, government, environmental and business sectors during its Movin’On Summit, held June 4-6 in Montreal, Canada. The event explored the challenges, opportunities and cutti
Source: Tire Review
2019/06/10
Sentury Tire Americas Moves to Larger Headquarters/Warehouse
Sentury Tire USA has moved to a new, expanded headquarters and warehouse in Hialeah, Florida.
The new corporate office and warehouse space is twice the size of the former location. The new location (3850 W. 108th St., Suite, 1, Hialeah, Flroida 33018) is about 10 miles from the old location (3121 NW 125th St., Miami, Florida 33167)
Source: Tire Review
2019/06/06
ANRPC reports fall in world natural rubber consumption in Q1 of 2019
According to the ANRPC, in the first quarter of 2019, world natural rubber production fell 5.2%, year-on-year, accounting to 2.989 million metric tons in the winter season, and prevailing low rubber prices for some farmers in certain countries.
The new leaf fall disease outbreak in South Sumatra might also have contributed to the drop in world N
Source: Global Rubber Markets
2019/06/03
Qingdao Doublestar acquires Hengyu Technology for US$130m
Qingdao Doublestar is to acquire Hengyu Technology for 899 million yuan (US$130m). As part of the purchase, the company plans to upgrade Hengyu Technology’s production equipment and streamline processes.
Guangrao County, where Hengyu Technology is based, is famously the tire capital of China. However, with the structural overcapacity, export and env
Source: Tire Technology International
2019/06/03
Commerce levies stiff duties on steel commercial vehicle wheels from China
WASHINGTON—The U.S. Department of Commerce has levied antidumping duties of 231.7 percent and countervailing duties of 457.1 percent against imports of steel commercial vehicle wheels from China.
The final antidumping duties were at the upper end of the rates Commerce preliminarily issued on Oct. 30. The final countervailing duties far exceeded
Source: Rubber & Plastic News
2019/05/29
KraussMaffei to build new China plant, sees it becoming R&D, export hub
Matthias Sieverding, KM's president of extrusion technology, speaking May 20 at a Chinaplas media event.
GUANGZHOU, China—German machinery maker KraussMaffei Group GmbH is building a new plant in China that will double its capacity there, as the company expects to see China play a larger role both as a source of research and development and as
Source: Rubber & Plastic News
2019/05/23
ANRPC – Natural rubber: The bounce back
Rallying oil prices, weather-related supply disruptions and export interventions have all been bullish factors for the natural rubber market However with export intervention a short-term fix, and plenty of uncertainty around demand, the outlook for natural rubber remains fragile.
In this article:
(a) ITRC agreement supports prices... for now
(b) India
Source: Global Rubber Markets
2019/05/20
USTR Releases New Tariff List on Imports from China
The Office of the U.S. Trade Representative (USTR) released a proposed fourth Section 301 tariff list on approximately $300 billion worth of imports from China that may be subject to additional tariffs.
The notice includes 3,805 product categories that could be subject to an additional tariff of up to 25% ad valorem. This list covers essentially
Source: Tire Review
2019/05/16
China Will Raise Tariffs on $60B of U.S. Goods June 1
China plans to raise tariffs on $60 billion of U.S. goods as retaliation to the U.S. decision to hike tariffs on Chinese goods, the Chinese Finance Ministry announced May 13.
Beijing will increase tariffs on more than 5,000 products to as high as 25%, and duties on other goods will increase to 20%.
According to CNBC.com, the Chinese Finance Ministry&rs
Source: Tire Review
2019/05/15
China raises tariffs on US in response
Move shows Beijing's resolve to safeguard its interests, legitimate rights, experts say
China said late on Monday that it will increase tariffs on the bulk of $60 billion of US imports to three categories of rates between 10 percent and 25 percent.
For the rest of the US imports, the duty rate remains at 5 percent, according to a statement rele
Source: China Daily
2019/05/14
U.S. To Hike Tariffs 25% on $200 Billion Worth of Chinese Imports
The U.S. Trade Representative posted a notice on May 8 that the U.S. will raise tariffs on $200 billion worth of imports from 10% to 25%, effective Friday, May 10.
The products subject to the tariff hike are part of the third Section 301 tariff list that was announced in September 2018. New pneumatic radial tires, as well
Source: Tire Review
2019/05/10
Auto Care Association Opposes Trump Administration’s Proposal to Increase Chinese Import Tariffs
Bill Hanvey, president and CEO of the Auto Care Association, has urged President Trump on behalf of the organization not to follow through on his threat to increase tariffs on $200 billion in imported goods from China as soon as this week.
“The proposed sudden increase from 10% to 25% would have an immediate negative impact on not
Source: Tire Review
2019/05/08
U.S.: China reneged on trade commitments, sparking Trump tariff hike
© Reuters. OOCL container ship is seen at a port in Qingdao
By Jeff Mason and David Lawder
WASHINGTON (Reuters) – China backtracked on substantial commitments it made during trade talks with the United States, prompting President Donald Trump to impose additional tariffs on Chinese goods slated to go into effect on Friday, top U.
Source: Global Rubber Markets
2019/05/07