The Production Capacity of the Expansion Project of Sumitomo (Hunan) Company Doubled

Based on the upcoming operation of the third-phase en- gineering of the current project, Sumitomo Rubber (Hunan) Co., Ltd. formally started the 10.50 million units/year of radi- al tire expansion project in August 2015. After the 18-month construction, the annual production capacity will reach 21 million units by February 2017. The first-phase and second-

Source: China Rubber Journal

2016/10/27

Double Coin and Other 4 Enterprises Won Bidding in Guangzhou Military Region Tires Purchase Project

According to the bid winning announcement for vehicle tire purchase project released by Guangzhou Military Region Armaments Department on December 21, 2015, five enter- prises including Double Coin won the bidding for 10,340 tires upon evaluation and verification of bid evaluation com- mittee. There were total 47 items for this public bidding, includ- ing

Source: China Rubber Journal

2016/10/27

Zhuzhou Times New Material Increased 6.3 Million Yuan to Subsidiary LIKE Rubber & Plastic

Zhuzhou Times New Material Technology Co., Ltd. decided to increase investment by RMB 6.3 Million Yuan to its subsidiary Inner Mongolia First Machinery Group LIKE Rubber & Plastic Co., Ltd. on December 22, 2015 to solve the capital insufficiency on new plant construction and technolog- ical renovation, which would also help LIKE Rubber & Plastic to e

Source: China Rubber Journal

2016/10/27

“Demonstration, Application and Industrialization of Industrial Robot in Tire Industry” Passed Completion Acceptance

Recently, a special project for development of national intelligent manufacturing equipment-“Demonstration, Applica- tion and Industrialization of Industrial Robot in Tire Industry” jointly undertaken by MESNAC Co., Ltd. and Sailun Group Co., Ltd. passed the completion acceptance. The participating experts gave a high appraisal to the projec

Source: China Rubber Journal

2016/10/27

Relocation Project of Wuxi Meifeng Passed Completion Acceptance

Recently, the relocation project for new high-perfor- mance rubber sealing and shock absorbing products built by Wuxi Meifeng Rubber Products Co., Ltd. passed completion acceptance for environmental protection. In order to follow the government policies of urban renewal and “industrial enterprises withdrawing from the urban area and entering into in

Source: China Rubber Journal

2016/10/27

Giti Tire (China) Technology Center to Build Testing Building Project Phase II

Recently, Anhui Giti Passenger Car Radial Tire Co., Ltd. received official reply of approval on Giti Tire (China) Technology Center Testing Building Project Phase II from the environmental protection administration. Giti Tire (China) Technology Center locates in Anhui Giti Passenger Car Radial Tire Co., Ltd. and its durability test- ing building phase I a

Source: China Rubber Journal

2016/10/27

Guangken Rubber Becoming SHFE Registered Brand for Delivery

Domestic natural rubber (SCRWF) of Guangdong Guangken Rubber Group Co., Ltd. with the brand of Guang- ken Rubber successfully passed the futures brand certifica- tion of Shanghai Futures Exchange (SHFE) on December 2. Therefore, the SCRWF produced by Guangken Group’s subordinate Yunnan Xiaojie Rubber Manufacturing Plant and Hainan Lingao Company could

Source: China Rubber Journal

2016/10/27

Zhongding Extending Upstream to Manufacture Rubber Mixing Products

Recently, aiming at supporting the raw material demanded in scale expansion of rubber parts, Anhui Zhongding Sealing Parts Co., Ltd. and Shanghai Liankangming Chemical Industry Co., Ltd. jointly established Anhui Dinglian High Polymer Material Co., Ltd. to manufacture rubber mixing prod- ucts with huge development potential in the future market. The newly

Source: China Rubber Journal

2016/10/27

Zhejiang Double Arrow Extended Acquisition to Australia

To accelerate the international export of conveyer belt, Zhejiang Double Arrow Rubber Co., Ltd. and 3 shareholders of Australian International Conveyor Products Pty Limited (ICON) signed a Share Purchase Agreement on November 27, in which Double Arrow agreed to purchase 60% shares of ICON with RMB 11.272 Million Yuan. Founded in 2007, ICON engages in sale

Source: China Rubber Journal

2016/10/27

Double Star Tire Industry 4.0 Project Attracted Investment from National Development Fund

National Development Fund Co., Ltd. entered into investment contracts with Qingdao DoubleStar Tire Industry Co., Ltd. and other enterprises to increase investment of RMB 83 Million Yuan in cash on Qingdao DoubleStar Tire Industry Co., Ltd. for “Double Star Environment-friendly Relocation Transformation & Upgrading Green Tire Industry 4.0 Demonstrat

Source: China Rubber Journal

2016/10/27

Gem Set Waste Tire Disposal Goal

Henan Gem Resources Recycling Co., Ltd. was granted the permission of record registration by investment authority for its 100,000-ton tire regeneration & recycle project on December 4, 2015. This project is located at Lankao County industry cluster district, Henan Province, covering an area of 330 mu. The total investment is 320 Million Yuan, includin

Source: China Rubber Journal

2016/10/27

Dalian Latex to Relocate and Transform for Going Green

Dalian Latex Co., Ltd., with over 50 years’ history, will be moved to Dalian Gulf Industrial Area in Pulandian, 70km away from the old plant in Shahekou District, in order to meet the requirements of environmental protection and energy saving. This removal is conducted based on the policy of Building before Moving without Suspending Production. The

Source: China Rubber Journal

2016/10/27

Sailun (Vietnam) Starting up All-steel Tire and OTR Tire Projects

Sailun (Vietnam) Co., Ltd., a wholly-owned subsidiary of Sailun Jinyu Group Co., Ltd., planned to build a all-steel radial tire and off-road tire projects with no more than USD 200 Million so as to further boost the market shares of all-steel radial tire and off-road tire and improve the global competitiveness of its products. The project is known to be c

Source: China Rubber Journal

2016/10/27

CHEMCHINA to Purchase German Rubber Machinery Giant KraussMaffei Group for EUR 925 Million

China National Chemical Corporation (CHEMCHINA) and its holding company China National Chemical Equipment Co., Ltd. (CNCE) planned to purchase 100% shares of Krauss- Maffei Group (KM) subordinated to Canadian Onex. Once passing the approval of relevant anti-monopoly organs and supervision organs, this acquisition would be completed at the end of June this ye

Source: China Rubber Journal

2016/10/27

Sinochem and ChemChina subsidiaries deny merger rumors

Several listed companies of Sinochem Group and China National Chemical Corporation (ChemChina) have denied rumors that the two state-owned chemical companies would merge, Shanghai Securities News reported on Monday (17 Oct 2016). "So far, ChemChina, listed companies and related shareholders have not received any written or spoken information about th

Source: China Daily

2016/10/27

VMI wins first patent invalidation case against Safe-Run

As part of ongoing legal actions commenced by VMI against Safe-Run, VMI filed for invalidation of a number of Safe-Run patents. Recently, the Chinese Patent Review Board has ruled in this case and invalidated the first Safe-Run patent in its entirety as the patent was based on prior art. Further claims for invalidation of other Safe-Run pat

Source: European Rubber Journal

2016/10/27

First Continuous Natural Gutta-percha Device Built in China

Chairman Yu Zhengsheng is visiting Xiangxi Laodie Bio-technology Co., Ltd. The first set of 100-ton continuous natural gutta-precha produc- tion device was recently completed and put into operation in Hunan Xiangxi Laodie Bio-technology Co., Ltd. This marked that Chinese natural gutta-percha extraction had climbed to a new level, and it would accumula

Source: China Rubber Journal

2016/10/26

Top 10 News on China Rubber Industry 2015 - No. 1: “Double Anti” of the U.S. Having Great Influence on Chinese Tire

On August 5, the United States Department of Commerce issued anti-dumpling and anti-sub- sidy duty order against Chinese passenger car and light truck tire, which officially took effect on Au- gust 10. The combined “Double Anti” margin rate were respectively Giti 52.1%, Sailun 30.61% and Cooper 31.85%; and the respective dumpling tax rate of the

Source: China Rubber Web

2016/10/26

Top 10 News on China Rubber Industry 2015 - No. 2: New Standard on Compounded Rubber Getting Implemented amid Controversy

On July 1, the new standard on compound- ed rubber was officially implemented. This standard was controversial from preparation to implementation. In new standard, the con- tent of raw rubber in compounded rubber was largely reduced from over 95% into 88%, it in fact changed compounded rubber into a new “composite material”, which no longer belon

Source: China Rubber Web

2016/10/26

Top 10 News on China Rubber Industry 2015 - No. 3: Main Economic Operation Indicators of Rubber Industry Declining

In 2015, main economic operation indicators of rubber industry all had negative growth. According to the statistics of China Rubber Industry Associ- ation on key member enterprises, from January to October, the sales revenue had a year-on-year (same below) decrease of 10.85% and the profit had a de- crease of 22.98% (excluding rubber chemicals and framework

Source: China Rubber Web

2016/10/26