News
Prinx Chengshan Developed an Intelligent Tread Conveyor System
Lately, Prinx Chengshan (Shandong) Tire Company Ltd. developed a VAC (Vacuum Absorb Convey) intelligent tread conveyor system on its own. By means of automatic detection and intelligent recognition, the system automatically loads treads onto the make-up machine from the extrusion line and intelligently conveys them onto the feeder racks, achiev
Source: China Rubber Journal
2017/02/24
US not to levy antidumping, countervailing duties on Chinese TBR tires
Washington – By a 3-2 vote, the US International Trade Commission (ITC) has determined the domestic truck and bus tire industry has not suffered material injury because of Chinese imports.
The ITC vote means that the US Department of Commerce will not order US Customs and Border Protection to collect antidumping and countervailing duties from Chines
Source: European Rubber Journal
2017/02/23
Hutchinson ramping up plant in China
Shenyang, China – French automotive and rubber parts supplier Hutchinson is ramping up its recently opened plant in Shenyang Dadong, the company has announced.
The facility has been operational since July 2016, as the company produced the first off-tool body sealing system parts for BMW.
Since October 2016, the plant has also housed large-sca
Source: European Rubber Journal
2017/02/22
China’s General Science to build new PCR project
Wuxi, China – Jiangsu General Science Technology, a tire maker based in Wuxi, Jiangsu specialising in full-steel truck and bus tire and bias tire, is to build 6 million unit per year passenger car tire facilities in the city according to its filing in February.
The facilities were originally planned for motorcycle and bicycle tires at the same capac
Source: European Rubber Journal
2017/02/20
Quality Accelerates
Rubber has become an indispensable part of the modern world. Whenever machines and engines require the use of bearings, whenever forces are transmitted and liquids are transferred, whenever rotating shafts and containers must be sealed, there is no getting around this material.
Generally rubber can be cured with sulfur for manufacturing tires or
Source: China Rubber Web
2017/02/20
US drops countervailing duties for Double Coin, Guizhou
Washington – Double Coin Holdings Ltd. has obtained a sharply lower countervailing duty rate on its truck and bus tires, while Guizhou Tyre Co. Ltd. obtained a slightly lower countervailing duty rate in a 14 Feb decision handed down from the US Department of Commerce.
Double Coin’s countervailing duty rate was reduced to 20.98% from the previo
Source: European Rubber Journal
2017/02/17
China’s tire maker Zhongce opens Thailand flagship store
Si Racha, Thailand – Tire maker Zhongce Rubber opened its Thailand flagship store in Si Racha, Chonburi province in January, the company told ERJ.
The store is Zhongce’s first direct sales store in Thailand, supplied by its Thai factory in Rayong, and also provides aftermarket services under the company’s chain AutoSpace.
Zhongce
Source: European Rubber Journal
2017/02/17
ANRPC expects rubber production growth in 2017
KUALA LUMPUR—Natural rubber prices rose an average of 10 percent across key markets in January, according to the Association of Natural Rubber Producing Countries.
Also, despite soft results in 2016, the ANRPC expects NR production to rise more than 4 percent in 2017, according to the January 2017 issue of Natural Rubber Trends and Statistics, the a
Source: European Rubber Journal
2017/02/16
Syngenta says U.S. extends ChemChina deal antitrust review
BASEL, Switzerland—Syngenta A.G. said the U.S. has asked for more time to review its $43 billion takeover by China National Chemical Corp., adding that it doesn't expect the protracted scrutiny to delay the companies' goal to close the deal in the first half.
The Federal Trade Commission is seeking more information from the chemical makers i
Source: Rubber & Plastics News
2017/02/16
China's demand for tires is making rubber gloves pricier
Consumers across the globe donning gloves to do the dishes may soon feel the heat from rubber being burned on China's roads.
Surging car sales in China in the last few months have more than doubled the price of a little-known chemical called butadiene. The colorless gas, used for making synthetic rubber, has soared in tandem with rising tire demand, i
Source: Rubber & Plastics News
2017/02/14
Tire price rises continue in Europe
London – Higher costs of raw materials, particularly natural rubber, has prompted further price rises by major tire-makers in Europe.
While Michelin announced an 8% increase in prices in Europe earlier in February, Goodyear is now planning a similar increase for consumer and commercial tires sold in the region. Continental is also moving to offset t
Source: European Rubber Journal
2017/02/10
China Prepares to Push Back Against Tariffs as USW Celebrates Victory
The Chinese government has reportedly stated it will take action if the newly issued tariffs made by the U.S. Department of Commerce infringe on the country’s trade rights, the China Daily reports.
According to the publication, the China Ministry of Commerce’s head of the trade remedy and investigation bureau, Wang Hejun, said the determinatio
Source: Tire Review
2017/02/08
Report: China tire industry to grow 4%
Sydney, Australia – Chinese tire industry is expected to grow at a CAGR rate of 4% between 2017-2020, according to a market research report by WhaTech.
Published on 18 Jan, the study found that steady growth in the global car market and rapid growth in the Chinese automotive market had stimulated the market to recover slightly.
“The global
Source: European Rubber Journal
2017/02/08
LANXESS Unveils 2017 with two CSR awards
January 20, 2017, Shanghai - Specialty chemicals company LANXESS Greater China has harvested two awards at the beginning of 2017 – “2016 Best CSR Practice Award” in the 6th China Charity Festival and “Top Responsible Enterprise” in 2016 China Petroleum and Chemical Corporate Citizen Model List, by virtue of its CSR activities in
Source: China Rubber Web
2017/01/23
TST wins machinery-supply contract in Thailand
Tianjin, China – Tianjin-based rubber machinery maker TST signed contract on 12 January to supply tire manufacturer Huayi Group (Thailand), according to a TST statement.
The contract is priced at 124 million yuan (€17 million) and TST will deliver truck and bus tire and engineering tire machinery as well as other relevant products from the
Source: European Rubber Journal
2017/01/18
Three Chinese firms bidding for Kumho
Seoul – Three Chinese firms Shanghai Aerospace Industry Co. (SAIC), Jiangsu GPRO Group Co. and Qingdao Doublestar Tire Industrial Co. have joined the final auction to acquire a 42.01% stake in Kumho Tire, according to a 13 Jan report by Pulse News.
Citing sources from the investment banking industry, Linglong Tire Co. and India’s Apol
Source: European Rubber Journal
2017/01/13
ANRPC: NR price rebound to continue in 2017
Kuala Lumpur – Last year saw a rebound in natural rubber prices, particularly in the fourth quarter, driven by recovery in crude oil market, supply concerns, renewed expectation of a US-led faster global economic recovery and the resultant improved demand outlook, the Association of Natural Rubber Producing Countries (ANRPC) has reported.
In its
Source: European Rubber Journal
2017/01/13
LANXESS presents new solutions for the tire industry at Tire Technology Expo 2017
Cologne – The LANXESS Rhein Chemie Additives business unit will present a variety of solutions for tire-makers at the Tire Technology Expo from February 14 - 16, 2017 in Hanover, Germany – hall 2, stand C224. This includes its comprehensive portfolio of eco-friendly Rhenodiv tire release agents, Rhenomark tire marking paints, Rhenoshape tir
Source: China Rubber Web
2017/01/13
China’s Uoli suspends PU elastomer facilities
Wuxi, China – Uoli Investment Holding, one of China’s largest PU elastomer makers, partially suspended production at two of its subsidiaries in Wuxi, Jiangsu in December.
The suspended capacity adds up to 11,200 tonne/year, out of the company’s 29,400 tonne/year total. The decision was made to “cut losses in a depressed PU elas
Source: European Rubber Journal
2017/01/05
Chinese company to buy rubber parts manufacturer
Beijing – China’s polyurethane adhesive maker Beijing Comens New Materials announced in December its plan to buy Huasen Rubber and Plastics for a CNY 910 million (€125 million).
Huasen is based in Wuhan, Hubei, and makes rubber seal and shock pads for the auto industry. It sells these to a number of local auto makers under the labels Hond
Source: China Rubber Journal
2017/01/04