Sentury claims world first with new runflat

Qingdao, China – Sentury launched its all-season, all-weather runflat tire in November, claimed to be the world’s first such model. With fully own-developed technology, the passenger car tire model will be sold globally under the Landsail brand, Sentury’s marketing director Meng Qiang told ERJ. The company is not planning to exp

Source: European Rubber Journal

2016/12/08

LANXESS Certified as One of the Top Employers China 2017

December 5, 2016, Shanghai — The selection results of Top Employers China 2017 are announced, specialty chemicals company LANXESS Greater China successfully received exclusive Top Employers China 2017 certification. "We are deeply honored to be selected as one of the Top Employers China for 2017. Employee development and employee care

Source: China Rubber Web

2016/12/07

Qingdao Fullrun building plant in Malaysia

Setting up factories abroad is not only encouraged by China’s Belt and Road initiative, it is also provides a means of avoiding the tariffs on China-made tyres charged by the USA and a number of other countries. Qingdao Fullrun Tyre Corp. Ltd. recently shared that, after numerous visits from company president Liu Zijin and a team of managers, on 28 Sep

Source: Tyres & Accessories

2016/12/05

Chinese tire maker to set up $200m plant in Malaysia

Qingdao, China – Chinese tire-maker Qingdao FullRun Tyre Corp. is planning to build its first overseas production plant in Malaysia, the company has announced. Negotiations held between FullRun and Malaysian officials during summer In a company statement, dating back to late September, the Chinese company said that the facility was being cons

Source: European Rubber Journal

2016/12/05

ARLANXEO on show at RubberTech China

  Shanghai, December 13, 2016 – ARLANXEO, a global leader in synthetic elastomers, is participating in RubberTech China 2016, held at the Shanghai New International Expo Centre from December 1 to 3, 2016. This is the first time ARLANXEO is participating in the exhibition, and the company will debut its comprehensive portfolio of synthetic r

Source: China Rubber Web

2016/12/03

Patent dispute SAFE-RUN vs VMI

Recently, the tire equipment manufacturer VMI released to the media that they succeeded in invalidating a utility model of SAFE-RUN, one of their major competitors in China. This news draws a lot of attention to the drastic patent litigation between SAFE-RUN and VMI. Below is the in-depth analysis on this fighting within the tire industry. "The &l

Source: China Rubber Web

2016/11/21

Reifen China to study ‘intelligent manufacturing’

Shanghai, China – Reifen China, will be held 1-3 Dec in Shanghai to mark the 10th “Asian Essen tire show”, according to the organisers, China United Rubber Corp. and Messe Essen GmbH. Also at the show, a workshop on “intelligent manufacturing” will be held on 2 Dec, with speakers from Seimens, Mesnac and Cimcorp.

Source: European Rubber Journal

2016/11/21

Linglong Tire posts profit jump in Q3; mulls overseas acquisition

Yantai, China – Linglong Tire reported a 76 percent jump in net profit less non-recurring items to €101 million (744 million yuan) over the first nine months of 2016. Total net profit soared 272 percent to €105 million, partly because loss caused by the fire at its Thai plant was counted in Q3 2015. Increased yields from rubber futures tra

Source: European Rubber Journal

2016/11/16

Triangle reports flat profit on revenue decline

Weihai, China – Triangle Tyre posted flat net profit of €76 million (567 million yuan) over the first nine months of 2016. Revenue declined by 10 percent to €659 million.  Net cash flow during the same period rose by 50 percent to €109 million.  The company’s stock price has almost doubled since its IPO on the Shang

Source: European Rubber Journal

2016/11/16

Report: ChemChina rules out Kumho purchase

London – ChemChina has denied having bid for South Korean tire manufacturer Kumho Tire , according to a Reuters report. The news agency on 10 Nov reported a ChemChina official as having rejected Korean media reports that the company had submitted letters of intent. Citing “a source with direct knowledge of the matter,” 

Source: European Rubber Journal

2016/11/16

LANXESS again raises guidance for 2016 after strong third quarter

FY 2016: EBITDA pre exceptionals now expected to be between EUR 960 million and EUR 1,000 million Q3 2016: EBITDA pre exceptionals up 9.4 percent to EUR 257 million EBITDA margin increases to 13.4 percent due to higher volumes across all segments and improved cost structures Net income improves by a substantial 51.2 percent to EUR 62 million Plann

Source: China Rubber Web

2016/11/15

Bridgestone (China) R&D Center Celebrated its Tenth Anniversary

Bridgestone (China) Investment Co., Ltd. released a piece of good news on September 12 that one of its wholly-owned subsidiaries, Bridgestone (China) Research and Development Co., Ltd. (hereinafter referred to as R&D Center) which is based in Wuxi City, Jiangsu Province, ushered in its tenth anniversary. Over the past ten years, Bridgestone (China) R&

Source: China Rubber Journal

2016/11/10

New Michelin Freight Tires Came into the Market

On September 1, Michelin (China) Investment Co., Ltd. announced in Shenyang that 12R22.5 X GUARD E9 Z -- its new generation freight tire product officially came into the market and went on sale in major cities at home. This type of tires is customized by Michelin for freight transport. As it is applicable to transport under the comprehensive road condit

Source: China Rubber Journal

2016/11/10

Cooper Standard Fluid System (Kunshan) Co., Ltd. Set up a New Fluid System Project

In order to meet demands of the market, Cooper Standard Fluid System (Kunshan) Co., Ltd. plans to invest USD 12 Mil- lion in setting up a new fluid pipeline system project. It is known that this project is located at Plant No.17&18, 369 Yuyang Road, Yushan Town, Kunshan City. After the completion of its construction and being put into operation, the c

Source: China Rubber Journal

2016/11/10

Cabot and Hengyecheng Jointly Built a Fumed Silica Plant

On September 12, Cabot (China) Investment Co., Ltd. signed a joint venture agreement with Inner Mongolia Hengye-cheng Silicone Co., Ltd., jointly establishing Cabot Hengyecheng High Performance Materials (Inner Mongolia) Co., Ltd., with the two sides holding shares of 80% and 20% respectively. The new company will invest about 400 Million Yuan in building

Source: China Rubber Journal

2016/11/10

Ningbo Tuopu to Build a Subsidiary in Brazil

Ningbo Tuopu Group Co., Ltd. resolved to establish a wholly-owned subsidiary in St. Paulo, Brazil with the investment of USD 10 Million so as to better explore the South America market. Ningbo Tuopu is a leading researcher, developer and manufacturer of 4 categories of products including automobile shock absorption series, sound insulation series, suspens

Source: China Rubber Journal

2016/11/10

Zhejiang Xiantong Approved for Initial Public Offering

On September 7, Zhejiang Xiantong Rubber & Plastic Co., Ltd. was approved for initial public offering by Issuance Examination Committee of China Securities Regulatory Commission. According to this company, no more than 22.56 million new shares would be issued and listed in Shanghai Stock Exchange. The actual controller of Zhejiang Xiantong is Li Qifu,

Source: China Rubber Journal

2016/11/10

Yiyang Rubber & Plastics Machinery Discussed Production Plan for Bid-winning Equipment in Uzbekistan Project

On September 8, a seminar was held by the technical team from Yiyang Rubber & Plastics Machinery Group Co, Ltd. together with technical experts from German KraussMaffei to discuss the optimal production plan and process for the bid-winning equipment in Uzbekistan project in order to ensure the production schedule and quality of the bid-winning produc

Source: China Rubber Journal

2016/11/10

Qingdao Kelida Researched and Developed Intelligent Inner Tube Flap Filling Machine

On September 18, the world’s first intelligent inner tube flap filling machine independently researched and developed by Qingdao Kelida Machinery Manufacturing Co., Ltd. arrived at the purchasing company in Yantai for installation and debugging. The productivity of this machine is five times higher than traditional manual installation. It is kno

Source: China Rubber Journal

2016/11/10

Nicest Carbon Black Desulphurization & Denitration Renovation Project Put into Operation

Recently, the renovation project of Shandong Nicest Carbon Black Co., Ltd. for desulphurization and denitration of the original carbon black tail gas boiler and drying oven has been put into operation. This renovation project is to newly equip and build a set of desulphurization equipment for both 260,000m3/h smoke from 2×35t/h boiler and 90,000m3/h

Source: China Rubber Journal

2016/11/10