Double Coin Expands Retread Warranty

Promoting its truck tires’ retreadability, CMA’s Double Coin has enhanced its retread/casing warranty. The tiremaker announced the new warranty during the North American Tire and Retread Expo on April 19. All Double Coin tires that feature a DOT code from the first week of 2017 and newer, will qualify for a seven-year, three retread warranty.

Source: Tire Review

2017/04/21

Chinese casings worry retreaders

WASHINGTON—The International Trade Commission vote not to impose countervailing and antidumping duties on Chinese truck and bus tire imports are hurting the U.S. in more ways than one, according to retreaders and rubber recyclers. Retreaders remain concerned over competition from low-priced Chinese truck and bus tires, which they feel only will

Source: Rubber & Plastics News

2017/04/21

Cheng Shin to start up India and Indonesia tire plants in 2017

Cheng Shin’s India plant Chunghwa, Taiwan – Taiwan’s tire maker Cheng Shin, also known as Maxxis, is to start up its two plants in India and Indonesia in 2017, according to information released at the company’s investor conference on 7 April. The India plant, located in Gujarat province, has 20,000 unit daily capacity for moto

Source: European Rubber Journal

2017/04/21

US finds higher levels of Chinese OTR tire subsidies

Quincy, Illinois – The US Department of Commerce’s (DOC) final results on its review of imports of off-the-road tires from China during 2014-15 showed higher subsidies than previously thought, according to a statement from Titan International Inc. The Quincy-based tire and wheel maker said the review of the dumping order for 2014-15 OTR import

Source: European Rubber Journal

2017/04/21

Kumho deal with Doublestar to go ahead as ex-owner passes right to buy

Seoul – The sale of Kumho Tire’s 42% majority stake to China’s Doublestar Tyre will go ahead as planned as former owner and chairman of Kumho Asiana Group Park Sam-koo is giving up his right to buy the shares, according to South Korean press. Reports said on 17 April that Park, who had the option to match Doublestar’s bid to buy ba

Source: European Rubber Journal

2017/04/20

NR price outlook ‘improves’ after sharp falls

Kuala Lumpur – Although natural rubber prices have fallen sharply since mid-February, market sentiment improved slightly by the end of March due to an improved economic outlook in the US and Europe, better-than-expected automotive sales in China and recovery in oil prices, according to the Association o

Source: European Rubber Journal

2017/04/19

Aeolus seeks to raise $840 million for Pirelli deal

JIAOZUO, China—China's Aeolus Tyre Co. Ltd. is seeking to raise $840 million through a public share offering to cover the cost of acquiring a 90 percent stake in Prometeon Tyre Group—Pirelli & C. S.p.A.'s commercial tire unit—and other industrial tire assets. According to an April 13 filing, the deal is pending regulatory

Source: Rubber & Plastics News

2017/04/18

World’s Biggest Natural Rubber Platform Halcyon Agri Opens Business in Shanghai

On April 12,2017, the world’s biggest natural rubber platform and a listed company from Singapore, Halcyno Agri Corporation Limited (hereinafter referred to as Halcyon Agri) celebrated the newly established Halcyon Agri Natural Rubber (Shanghai) Co., Ltd. in Shanghai with a grand opening ceremony held at the Sinochem International Plaza. Mr. Liu Hon

Source: China Rubber Web

2017/04/17

Carbon Black May Face a Rough Ride With Price Growth Stalled this Year

In 2016, the key words of China's carbon black industry are: abnormal fluctuations in the price of feedstock oil, lower price rise of carbon black products than raw materials, industrial overcapacity, increased competition pressure and grave environmental protection situation. Affected by raw material price reduction and downstream market, the price incr

Source: China Rubber Web

2017/04/17

ZC Rubber to Build Industrial Tires in Thailand

ZC Rubber is adding a new production line at its Thailand factory to build industrial tires, including skid steer tires and pneumatic bias industrial forklift tires. “The demand for industrial tires is increased in Southeast Asia based on the market research and we will produce targeting industrial products to meet customers’ demands. Furtherm

Source: Tire Review

2017/04/14

Aeolus to Be Renamed Prometeon Tyre Group

The ChemChina-owned tire company Aeolus will be renamed Prometeon Tyre Group Co. Ltd., following the completed transaction of the integration of TP Industrial Holding’s industrial activities, Tyres & Accessories reports. According to TP Industrial Holding, its controlling company CNRC (the tire division of Chinese-state owned ChemChina), Aeolus

Source: Tire Review

2017/04/14

Doublestar Forms Consortium to Buy Kumho

Qingdao Doublestar’s finances are now in doubt after the Chinese tiremaker reportedly took out a large loan and set up a consortium to acquire the 42% controlling stake in Kumho Tire, Korean media reports. Additionally Kumho Asiana Group Chairman Park Sam-Koo, who was originally denied the ability to form a consortium to buy back the Korean tiremake

Source: Tire Review

2017/04/13

Wanhua selects Louisiana for MDI project

BATON ROUGE, La.—Wanhua Industrial Group has selected Louisiana for a $1.2 billion MDI project, according to Louisiana Gov. John Bel Edwards. Edwards announced the project along with Wanhua Chemical Chairman and CEO Zengtai Liao on April 10. The agreement will see a $954 million capital investment by Wanhua with a further $166 million investment

Source: Urethane Technology International

2017/04/13

CRIA Honest Rubber Traders in 2017

No. Company Name 1 R1 International Trading (Shanghai) Co., Ltd. 2 Chongqing General Trading Chemical Co., Ltd. 3 Yunnan State Farms Trading Co., Ltd. 4 Qingdao Jianuo Business Co., Ltd. 5 Topship Chemical Co., Ltd.  6 Qingdao Hongyuda Co., Lt

Source: China Rubber Web

2017/04/12

Brands Recommended by China Rubber Industry Association in 2017

No. 产品名称 Product Name 企业名称 Enterprise Name 商标 Trademark 轮胎 Tires 1 50-55系列（16”-17”轮辋）轿车轮胎 50-55 Series (16”-17” Rim) Passenger Car Tyres

Source: China Rubber Web

2017/04/12

CRIA Honest Rubber Industry Service Traders in 2017

No. Company Name 1 Sinochem International Corporation 2 Guangdong Guangken Rubber Group Co., Ltd. 3 China Hainan Rubber Industry Group Co., Ltd. 4 Yunnan State Farms Group Co., Ltd. 5 Shidong Shanghai Rubber Co., Ltd. 6 Shandong Chambroad Petrochem

Source: China Rubber Web

2017/04/12

Top 100 of China Rubber Industry in 2017

I. All Rubber Tires 1. Tires No. Company Name Sales Income (Billion RMB) 1 Zhongce Rubber Group Co., Ltd. 18.38 2 Giti Tire (China) Investment Co., Ltd. 13.14 3 Sailun Jinyu

Source: China Rubber Web

2017/04/12

CRIA Honest Tire Dealers in 2017

No. Company Name 1 Zhangjiagang Huyi Vehicle Service Co., Ltd. 2 Dalian Yalun Trading Co., Ltd. 3 Changchun Chengxin Tyre Co., Ltd. 4 Baoding Dazheng Tyre Rubber Co., Ltd. 5 Henan Xinlian Tongda Tyre Rubber Co., Ltd. 6 Hebei Molin Trade Co., Ltd.

Source: China Rubber Web

2017/04/12

CST’s Indian Plant will go into operation on June

On April 7, CST announced that after two years’ preparation, their Indian plant will be officially put into operation in June, whose main products are motorcycle tires. Liao Zhengyao, the general manager of CST’s Indian plant, said that after the operation of the plant, the tires will be directly supplied to the vehicle assembly plant, rather

Source: China Rubber Web

2017/04/12

High-quality Rubber Chemicals Highlights Business Strength against Environmental-protection Audit Background

Wang Zhiqiang, GM of Willing New Materials Technology "Although the strict environmental protection and security measures by government has caused some trouble for current operation of corporations, it is still pleasant to see this change because it is beneficial to shuffle the whole industry and increase industry concentration degree." Wang

Source: China Rubber Web

2017/04/12