Jiangsu Wang Tian will Launch a Project on Rubber Track and Accessories

Lately, the project of Jiangsu Wang Tian Engineering Machinery Accessories Co., Ltd. on rubber track and processing one million damping blocks accepted appraisal from the public in terms of its impact on environment. This project will be started at Haijing Industrial Park, Dafeng Port, Yancheng City. A total of RMB 150 Million Yuan is invested in it, amon

Source: China Rubber Journal

2017/05/11

Times New Material Set up a Wholly-Owned Subsidiary in Mexico

On February 14, Zhuzhou Times New Material Technology Co., Ltd. released an announcement that in order to meet key clients’ requirements and to achieve its global strategic layout, Times New Material planned to set up Boge Rubber Plastic (Mexico) Co., Ltd. in San Luis Potosí City, Mexico, whose business involves vehicle rubber and metal damping produc

Source: China Rubber Journal

2017/05/11

Zhongce Auto Space Achieved the Combination of Internet of Things with Tire Products

In 2016, Zhongce Auto Space launched a tire product for intelligentized solution — intelligent tire, blazing the path for the combination of Internet of things with tire products. While guaranteeing the safety of drivers, it can help car fleets achieve Internet+ and increase management efficiency and economic benefits. Equipped with a complete manag

Source: China Rubber Journal

2017/05/11

Intelligent Reclaimed Rubber Complete Equipment of Jiangsu Zhonghong Passed Appraisal

The new product of “Environment-friendly Intelligent Waste Rubber Reclaiming Complete Equipment (ZH-FYJ)” developed by Jiangsu Zhonghong Environment Technology Co., Ltd. recently passed the appraisal of experts organized by Jiangsu Economic and Information Technology Commission. The experts thoroughly inspected the production and central contr

Source: China Rubber Journal

2017/05/11

Sentury Accepted Tutorship to Prepare for Going Public

On January 26, Qingdao Sentury Tire Co., Ltd. started to accept tutorship from security companies to prepare for going public. Qingdao Sentury Tire Co., Ltd. was formally put into operation in July 2009. The Company is committed to R&D and production of green, high-quality, high-performance and high-end semi-steel radial tires and aircraft tires. At p

Source: China Rubber Journal

2017/05/11

National Development and Reform Commission Released Key Product Catalogue in the Emerging Industry

To carry out the “National Strategic Emerging Industry Development Plan during the 13th Five-year Plan” and lead the investment orientation of the whole social resources, recently, National Development and Reform Commission published the Key Product and Service Guidance Catalogue in the Strategic Emerging Industry (2016 Version) by No. 1 Announce

Source: China Rubber Journal

2017/05/10

The Efficient Continuous Reclaimed Rubber Production Line of Green Gold Giant Company Passed the Identification

The “LJR-5000Y Green Efficient Continuous Preparation Reclaimed Rubber Production Line” researched by Nanjing Green Gold Giant Rubber & Plastic Hi-tech Co., Ltd. passed the expert identification organized by Jiangsu Economic and Information Technology Commission on February 22. In the experts’ opinion, the systemic technology of this pr

Source: China Rubber Journal

2017/05/10

The First Batch of Single Champion Demonstration (Cultivation) Enterprise List in the Manufacturing Industry Released

On January 17, the Ministry of Industry and Information Technology and China Federation of Industrial Economics released the first batch of single champion demonstration (cultivation) enterprise list in the manufacturing industry by Gong Xin Bu Lian Chan Ye Han [2017] No. 28 Document, in which, there are 54 demonstration enterprises and 50 cultivation enterp

Source: China Rubber Journal

2017/05/10

The First Three Technology Centers in the Conveyor Belt Industry Identified by China Rubber Industry Association

To strengthen the innovation ability of the industry, China Rubber Industry Association (“CRIA”) carried out the identification of the technology center of the industry and the contracted inspection and test center of CRIA. On January 23, CRIA identified the first three technology centers in the conveyor belt field by Zhong Xiang Xie Zi [2017

Source: China Rubber Journal

2017/05/09

Ten Waste Rubber Demonstration Enterprises to Be Established by the State in Five Years

Recently, the Ministry of Industry and Information Technology, the Ministry of Commerce and the Ministry of Science and Technology jointly issued a document entitled Instruction on Accelerating the Development of Renewable Resource Industry (Gong Xin Bu Lian Jie [2016] No. 440), which gives instruction to lead and promote the continuous, healthy and rapi

Source: China Rubber Journal

2017/05/09

Will Rubber Market Keep the Rising Trend This Year?

After continuous downturn for the past few years, the rubber material market finally revived in 2016. The price of NR rose from about RMB 10,000 Yuan (per ton, similarly hereinafter) at the beginning of 2016 to RMB 20,000 Yuan at the end of the year, which moved ahead with fluctuation all over the year. In 2017, the rubber material market still keeps a stron

Source: China Rubber Journal

2017/05/09

Doublestar’s growth slows down after 2016 sales jump

Qingdao, China – Doublestar posted a 65% rise in 2016 revenue to €655 million (4.9 billion yuan) in its annual report. Net profit jumped 56% to €13 million. The momentum slowed down in Q1 2017 with a 1% year-on-year growth rate for both revenue and net profit. The company declined to comment on the flat revenue – at €145 million

Source: European Rubber Journal

2017/05/09

Rubber Machinery Industry Had a Turnaround

The Chinese rubber machinery industry showed an obvious declining tendency from the second half year of 2014 and hit the bottoms in the first half year of 2016 with double-digit sharp decrease of sales revenue, export delivery value and realized profit. However, the operating environment has improved since the second half year with obvious increase in produc

Source: China Rubber Journal

2017/05/09

Internal Mixer of Yiyang Rubber & Plastics Machinery Group Co., Ltd. Exported to Vietnam

On February 17, a set of one-step rubber mixing equipment for tandem-type internal mixers and a set of 416 double-screw extruders filly loaded on six trucks to export to Vietnam were transported from the plant of Yiyang Rubber & Plastics Machinery Group Co., Ltd. These goods were worth over RMB 15 Million Yuan, which realized the first shipment of th

Source: China Rubber Journal

2017/05/09

CV tire majors gain as Chinese wane

Birmingham, UK – Chinese imports are losing ground in truck and bus tire markets within the UK and mainland Europe, officials of leading tire makers said at the Commercial Vehicle Show 2017, held 26-27 April in Birmingham. As explained by exhibitors including Giti, Hankook and Michelin, the reversal follows a series of price increases and availabili

Source: European Rubber Journal

2017/05/03

Higher margins, China demand drive Cabot growth

Boston, Massachusetts – Cabot Corp’s Reinforcement Materials segment has posted a 59% year-on-year increase in earnings (EBIT) during its second quarter which ended 31 March, the company announced 1 May. Earnings increased by $20 million (€18.3 million) to $54 million compared to the second quarter of fiscal 2016, mainly principally d

Source: European Rubber Journal

2017/05/03

Linglong eyes overseas sites as sales increase

YANTAI, China—Shandong Linglong Tire Co. Ltd. posted a 49 percent jump in net income in fiscal 2016 on 20 percent higher sales revenue, and is forecasting continued, albeit slower, growth in fiscal 2017. Net income rose to $146.5 million on revenue of $1.52 billion, the company reported recently. The company is aiming for a 10 percent rise in

Source: Rubber & Plastics News

2017/04/28

Guizhou Tyre to build new plant in Vietnam

GUIYANG, China—Guizhou Tyre Co. Ltd., producer of the Advance and Samson brands, is planning to build a truck and bus tire plant in Vietnam valued at $245 million, according to a regulatory filing in April. The plant, to be built in the Long Hau Industrial Park near Ho Chi Minh City, will have an annual capacity of 1.2 million units, Guizhou said. I

Source: Rubber & Plastics News

2017/04/28

LANXESS successfully completes acquisition of Chemtura

Acquisition cleared by all required regulatory authorities Combined additives business with annual sales of approximately EUR 2 billion is a further strong pillar in the group Increased footprint in the North American growth region Zachert: “This acquisition is another major step in our realignment process.” April 24, 2017, Shanghai

Source: China Rubber Web

2017/04/24

Hainan Rubber profits from NR price trend

Haikou, China – China’s largest natural rubber maker Hainan Rubber Group posted €8 million (61 million yuan) net profit in 2016 compared to €134 million net loss in 2015. “Natural rubber price over the first three quarters of 2016 continued the slump in previous years, but the fourth quarter saw it rebound,” said the comp

Source: European Rubber Journal

2017/04/24