Zhongding Holding Moving and Expanding Rubber Product Project for High-end Equipment Use

Zhongding Holding decided to move its wholly-owned subsidiary, Anhui Zhongding Rubber Hose Product Co., Ltd., from Nanshan Park to Heli Park, Ningguo Economic Development Zone, so as to build the removal and extension project phase I for R & D and production base of rubber products for high-end equipment use. Zhongding Rubber Hose Product Company orig

Source: China Rubber Journal

2017/01/01

Willing Raising 5.72 Million Yuan for Cleaner Production Project

On November 11, Puyang Willing Chemicals Co., Ltd. raised funds of 5.72 Million Yuan through formal public offering of 440,000 shares on National Equities Exchange and Quotations for the construction of cleaner production project of rubber chemicals with the annual output of 20,000 tons. It is said that the fundraising project is used for the first phase

Source: China Rubber Journal

2017/01/01

Chaoyang Tire Cooperating with European Largest Trailer Manufacturer Schmitz

The cooperative project on tire accessories between Zhongce Rubber Group Hangzhou Chaoyang Tire Co., Ltd. and German Schmitz Cargobull, the largest trailer manufactur- er in Europe, was launched on October 24 and will officially commence supply on January 1, 2017. This is the first foreign cooperative project for Chaoyang Tire. Founded in 1892, Schmitz Cargo

Source: China Rubber Journal

2017/01/01

Jiangsu Feichi Newly Building a 100 Thousand Units/Year OTR Radial Tire Project

Jiangsu Feichi Tire Co., Ltd. decided to introduce advanced equipment and technologies from Taiwan Cheng Shin Rubber Tire with the investment of 200 Million Yuan to newly build an OTR radial tire production line with the annual output of 100 thousand tires in Xinyang Economic Zone, Yancheng City through land expropriation of 100 mu. The main construction

Source: China Rubber Journal

2017/01/01

Hengxing Science & Technology Raising 900 Million Yuan for Investment of Hyperfine Diamond Wire

Henan Hengxing Science & Technology Co., Ltd. decided to raise funds through private placement of stock for the investment of hyperfine diamond wire project with annual output of 90,000km. The fundraising activity was approved by CSRC (China Securities Regulatory Commission) on May 17. Upon enquiry, the final issue price was 4.95 Yuan/share and the nu

Source: China Rubber Journal

2017/01/01

Yiyang Rubber Machinery Firstly Launching Integrated Solution to Exploit New Field

Recently, Yiyang Rubber & Plastics Machinery Group Co., Ltd. successfully won the bidding for the general contracting project of rubber mixing production line of Guiyang Hongyang Equipment & Consumables Manufacture Co., Ltd. worth nearly 15 Million Yuan in total by virtue of its integrated solution with several world’s first technologies. Th

Source: China Rubber Journal

2017/01/01

Yanggu Huatai Planning to Build a Subsidiary in the USA

On October 11, Shandong Yanggu Huatai Chemical Co., Ltd. decided to establish a wholly-owned subsidiary in the USA, Huatai Chemical (USA) Corporation (tentative name), with its own funds. With the registered capital of USD 2 Million, the new subsidiary locates in Wilmington, Delaware. It is known from Yanggu Huatai that the purposes for establishing the w

Source: China Rubber Journal

2017/01/01

Yanggu Huatai Moving and Expanding by Non-public Fundraising of 1.2 Billion Yuan

Shandong Yanggu Huatai Chemical Co., Ltd. decided to raise no less than 1.2 Billion Yuan through private placement of stock for the use of removal and expansion to enlarge product capacity and increase product category. The fundraising is mainly used in 3 fields. Firstly, about 339 Million Yuan will be invested in high-performance rubber chemicals product

Source: China Rubber Journal

2017/01/01

Dingli Share Selling Rubber Belt and Rubber-related Assets

On November 3, Shanghai Dingli Technology Development Group Co., Ltd. decided to sell all rubber belt and rubber-related stock rights and assets of Shanghai Rubber Belt & Rubber Co., Ltd., etc. to Shenzhen Qiantong Huixin Investment Partnership (Limited Partnership) with the total price of 145 Million Yuan. The relevant objects of the transaction cove

Source: China Rubber Journal

2017/01/01

Shandong Daye Expanding Tire Bead Wire Capacity to 100,000 Tons

Shandong Daye Co., Ltd. decided to carry out the expan- sion project of high-performance tire bead wire for radial tire use and finally formed the production capacity of 100,000 tons of high-performance tire bead wire for radial tire use per year. This extension project would reconstruct the existing 39,000 m² workshop and build a stereoscopic wareho

Source: China Rubber Journal

2017/01/01

Shantou Tianyang Mold Increasing Intelligentized Production Level

Shantou Tianyang Mold Co., Ltd. decided to make technological transformation on the equipment for production of aluminum mold products with the investment of 35 Million Yuan. Shantou Tianyang planned to purchase 7 sets of numerical-control intelligent 5-axis simultaneous machining centers as well as supporting equipment for transformation based on the fea

Source: China Rubber Journal

2017/01/01

Anhui Xinsheng Building Condom Production Base

Anhui Xinsheng Rubber Industry Co., Ltd. decided to invest 600 Million Yuan in building the biggest condom production base in the world. Xinsheng Rubber Industry has received technical and industry support from Hebei Aiqi Rubber Industry Co., Ltd. on this investment project. The project covers an area of about 254 mu, has 2,500 fixed employees and will co

Source: China Rubber Journal

2017/01/01

Linglong Tire Becoming Official Supplier of German Volkswagen

On October 11, the potential supplier review panel of German Volkswagen Auto Group made a two-day on-the-spot review of Shandong Linglong Tire Co., Ltd. Finally Linglong Tire successfully passed the review and became the first China’s domestic tire supplier of German Volkswagen Auto Group. With successfully passing the review, Linglong has become

Source: China Rubber Journal

2017/01/01

Wuhai to Increase a Rubber Chemicals Project

Recently, the rubber chemicals and supporting products project operated by Wuhai Zhongjin Fine Chemicals Co., Ltd. passed the assessment of environmental protection administration and was permitted for construction from the perspective of environmental impact. Located in Hainan Xilaifeng Economic Development Zone, Wuhai City, Inner Mongolia, this project

Source: China Rubber Journal

2017/01/01

Rongnai Developed a New Method for White Carbon Black Modification

Shandong Rongnai Material Design Co., Ltd. developed a new method for white carbon black modification by making the surface of white carbon black particles wrapped with carbon nanotube under the action of nickel catalyst, leaving modified white carbon black with carbon nanotube layer, which not only improves the dispersing performance of white carbon bl

Source: China Rubber Journal

2017/01/01

Yuhuang Chemical Developed a New Production Method for Carboxyl Polyisoprene Rubber

Shandong Yuhuang Chemical Co., Ltd. developed a new production method for carboxyl polyisoprene rubber. This method adopts organic peroxide as initiator and maleic anhydride as carboxylation agent to react with polyisoprene under certain condition for some time and then the reaction products will be washed for several times by appropriate solvent to obtain c

Source: China Rubber Journal

2017/01/01

Quecheng Participating in Pre-IPO Tutoring

Recently, Quechen Silicon Chemical Co., Ltd. was preparing for IPO listing and has already in the period of pre-listing tutoring. On October 8, Quecheng Silicon Chemical submitted the pre-listing tutoring materials to CSRC (China Securities Regulatory Commission) Jiangsu Authority for filing and received a confirmation notice from this authority. Quecheng

Source: China Rubber Journal

2017/01/01

Hankook Supplying Tires for New Energy Buses of Shenzhen Bus Group

Recently, Hankook Tire signed a cooperative agreement with Shenzhen Bus Group to supply tires for BYD new-energy electric buses. According to the agreement, BYD new-energy electric buses under the operation of Shenzhen Bus Group will primarily use Hankook tires in the future. While previous to this agreement, BYD has already used Hankook tires as original ma

Source: China Rubber Journal

2016/12/30

ContiTech’s New Rubber Hose Factory Laying Cornerstone in Qingdao

On November 1, a cornerstone-laying ceremony was held for the new rubber hose factory of ContiTech located at Qingdao Sino-German Ecopark. The first stage of the project was launched completely. With a total investment of over EUR 20 Million and floor space of 15,000 m² , the project is estimated to produce about 15 Million low-pressure rubber hose

Source: China Rubber Journal

2016/12/30

Bridgestone Tianjin Technological Transformation Project Passed Environmental Acceptance Check

Recently, the technological transformation project (the 2nd phase) of Bridgestone (Tianjin) Tire Co., Ltd. passed the completion and environmental acceptance check of the environmental protection administration. According to the monitoring result issued by the environmental monitoring department, all pollutants of the project are discharged up to standard an

Source: China Rubber Journal

2016/12/30