Fulaisite, Global Famous Auto Hose Manufacturer, Settling in Xishan

Lately, Fulaisite (Wuxi) Auto Parts Co., Ltd. invested and founded by French Fulaisite Group settled in Xishan Economic & Technological Development Zone, Wuxi City and would construct the project with an annual capacity of 18 million pieces of auto rubber hoses. It is learned that with a total investment of USD 15 Million and a registered capital of U

Source: China Rubber Journal

2016/11/02

Hangzhou Zhongce Passing EU Calibration of Rolling Resistance Tester

On April 20, TUV SUD Group (hereinafter referred to as “TUV SUD”) issued benchmarking certificate of rolling resistance tester (according to EU Regulation 1235/2011) to Hangzhou Zhongce Rubber Co., Ltd. (hereinafter referred to as “Zhongce”), which indicated that Zhongce passed the EU calibration of rolling resistance tester. The c

Source: China Rubber Journal

2016/11/02

Operating Income of Xingda International in 2015 Falling by 15.3%

Influenced by weakness of overall economy and continuous deepening of industrial competition, the realized operating income of Xingda International Holdings Limited in 2015 was 4.737 Billion Yuan, with a year-on-year decline of 15.3%. This company actively adjusted its global sales strategy, and the demand for bus radial tires in the international market was

Source: China Rubber Journal

2016/11/02

Net Profit of SUNSINE Chemical Approaching Record High

Despite of weakened demand of tire industry, fierce competition of rubber chemicals industry, severe safety and environmental protection situation and drastic fluctuation of product price, in 2015, Sunsine Chemical Holdings Ltd. still achieved a net profit of 209 Million Yuan, the second highest in history. This mainly benefited from powerful strength and st

Source: China Rubber Journal

2016/11/02

Double Coin Holdings Publishing 2015 Annual Report

Lately, Double Coin Holdings Ltd. published 2015 Annual Report. In 2015, the realized operating income of Double Coin Holdings was 6.997 Billion Yuan, with a decrease (year-on- year, the same below) of 17.58%; the gross profit rate was 12.81%, with a decrease of 3.13%. The tire output was 9.092 million units, with an increase of 1.4%, in which the output

Source: China Rubber Journal

2016/11/02

Aeolus Tyre Publishing 2015 Annual Report

On April 29, Aeolus Tyre Co., Ltd. published 2015 Annual Report. In 2015, the realized operating income of the company was 6.358 Billion Yuan, decreased by 22.15% compared with that in the same period of last year (year-on-year, the same below); and the realized net profit was 247 Million Yuan, with a decrease of 25.49%. The tire output reached 8.7586 mil

Source: China Rubber Journal

2016/11/02

Decline in Tire Export of Dongying City in First Trimester Narrowing

Lately, Dongying Municipal Bureau of Commerce published the import and export situation of rubber tires in the first quarter of 2016. In the first quarter, the export value of rubber tires of this city was USD 491 Million, accounting for 48.3% of the total foreign trade export value of Dongying City. The export value had a year-on-year decrease of 8.7%, w

Source: China Rubber Journal

2016/11/02

Sales of 2015 and First Quarter of Wanli Growing

On Auto China 2016 inaugurated on April 25, Lai Yanshan, general manager of Wanli Tire Co., Ltd., and Liu Zixin, brand director of Wanli Tire Co., Ltd., introduced the tire production and marketing situations, 2016 development plan and recent development trend of the enterprise. It is learned that in 2015, the sales volume of Wanli Tire was 12.50 million

Source: China Rubber Journal

2016/11/02

Jiangsu Sinorgchem Acquiring American Enterprise with USD 115 Million

On April 29, SINOCHEM International announced that its holding subsidiary Jiangsu Sinorgchem Technology Co., Ltd. acquired 100% shares of American PANIT Company with USD 114.6 Million to control its subordinate business assets of rubber chemicals, NBR latex, etc. The main businesses of PANIT Company include rubber chemicals and special NBR latex business.

Source: China Rubber Journal

2016/11/02

Tianjin Jiurong Enlarging Capacity of Tire Test Equipment

To satisfy the demand of the market for tire and wheel test equipment, Tianjin Jiurong Industrial Technology Co., Ltd. decided to invest 120 Million Yuan in newly building production facilities and purchasing production equipment such as lathe, miller, etc. for production of tire and wheel test equipment. Started in May, the project is scheduled to be com

Source: China Rubber Journal

2016/11/02

Kuangyi Listed in New Three Board

Lately, Pingdingshan Kuangyi Rubber Hose Products Co., Ltd. was approved to be listed for transfer in New Three Board. This company mainly provides various wire-winding hydraulic rubber hoses, wire-braiding hydraulic rubber hoses, mine injection hole packers, rubber sheaths, abrasive blasting rubber hoses, etc. for industries such as coal mine machin

Source: China Rubber Journal

2016/11/02

Details of Thailand Tire Factory Project of Huayi Group Released

As reported by foreign media on May 11, the signing ceremony of Shanghai Huayi Group Settling in Thailand Lisheng Rubber Industrial Park was held in Bangkok, Thailand. Huayi Group would invested THB 10 Billion to build a production line with an annual capacity of 1.50 million units of all-steel radial tires and 50,000 units of engineering tires. According to

Source: China Rubber Journal

2016/11/02

AQSIQ Will Carry Out Spot Check of Import and Export Commodities Not Listed in Catalogue Such as Tires

On April 15, the General Administration of Quality Supervision, Inspection and Quarantine of the People’s Republic of China (hereinafter referred to as AQSIQ) released No. 38 Announcement in 2016, deciding to carry out 7-month supervision and spot check on import and export commodities except for those that must be inspected by inspection and quarantin

Source: China Rubber Journal

2016/11/02

CRIA: Tire Label Grading Standard Released in June 2016

On May 12, on the Review Meeting of Tire Label Grading Standard held by China Rubber Industry Association (hereinafter referred to as CRIA) in Wuxi, CRIA determined the implementation schedule of China tire labeling system. Tire Label Grading Standard and Administrative Provisions on Tire Label would be finalized and released at the beginning of June, the co

Source: China Rubber Journal

2016/11/02

Safe-Run: Invalidated patent covered “old technology”

London – VMI’s announcement of the invalidation of a Safe-Run patent has drawn a response from the Chinese tire-building machine manufacturer. On 26 Oct, the Dutch company said that the Chinese Patent Review Board had invalidated a Safe-Run patent because it was based on prior art. According to VMI, the patent in question was CN 202592

Source: European Rubber Journal

2016/11/01

Bohuan Rubber & Plastic Planned to Build 100 Million Pairs/Year Butyronitrile Latex Gloves Project

The construction project of Taizhou Bohuan Rubber & Plastic Co., Ltd. for 100 million pairs/year butyronitrile latex gloves passed the administrative permission of the environmental authority for construction on January 11. This project, located in Binhai Industrial Park, Taizhou Economic Development Zone, is to build a butyronitrile latex gloves

Source: China Rubber Journal

2016/11/01

Fengli Rubber Achieved German TÜV Rheinland Testing Certification

On February 26, Guangzhou Fengli Rubber Tire Co., Ltd. was granted German TÜV Rheinland certification for its Wanli Tire. Two categories of main products of Wanli Tire, comfortable series H220 and ice & snow series SW211, as well as their production lines formally passed the testing and approval of TÜV Rheinland, making Wangli Tire the first tire co

Source: China Rubber Journal

2016/11/01

Linglong Tire Released Winter Tire New Product

On February 27, “2016 Linglong Winter Tire New Product Seminar” was successfully held by Shandong Linglong Tire Co., Ltd. During the seminar, Linglong Tire published its winter new GREEN-Max Winter Ice series products and organizeda test drive on ice road for dealers. For tires of GREEN-Max Winter Ice I-15, GREEN-Max Winter Ice I-16 and GREEN-

Source: China Rubber Journal

2016/11/01

Taihong Rubber Completed Removal of 130-million Yuan Track Production Project

Lately, Hangzhou Taihong Rubber Track Co., Ltd. Integrally moved its rubber track production line project, with the total investment of 130 Million Yuan, to Qiantan Town, Hangzhou City, Zhejiang Province. Upon the completion of the project, Taihong will form a production capacity of 600 thousand rubber tracks per year with annual output value reaching up

Source: China Rubber Journal

2016/11/01

Continental Tires Won Outstanding Contribution Award from Hefei State Hi-tech Industry Development Zone

Lately, Hefei State Hi-tech Industry Development Zone, Anhui Province awarded and praised some outstanding enterprises for their great contribution in “advancing quality and efficiency, driving innovation, transformation and upgrading and quality and credibility” in 2015. Continental Tires China Co., Ltd. was honored with two awards including Out

Source: China Rubber Journal

2016/11/01