ContiTech Displaying Synchronous Belt Solution

During the Power Transmission and Control Asia held in Shanghai from October 27 to October 31, ContiTech Company displayed its transmission belt technical solution. Among it, the heavy-load polyurethane synchronous belt can transmit with high power, it is because that this belt can maintain low elongation even with the maximum load and has excellent abrasi

Source: 中国橡胶网

2015/03/18

Xingguo (Shanghai) Precision Rubber Company Implementing Technological Renovation

Considering that the vulcanization equipment used in the project with high energy consumption had fallen behind the level of the industry, Xingguo (Shanghai) Precision Rubber Co., Ltd. decided to invest 5 Million Yuan in technological renovation project. This project is located at 8 Dongjing Road, Songjiang Industrial Zone, Shanghai, two molding and vulcani

Source: 中国橡胶网

2015/03/18

OCI Jianyang Carbon Black Project Starting Construction

Recently, the foundation-stone laying ceremony of OCI Jianyang 200000-tonnes-per-year Carbon Black Project with total investment of 0.205 Billion Dollar was held in Zaozhuang, Shandong. This project is jointly invested and constructed by Shandong Energy Zaozhuang Mining Group and Korea OCI Company, among which the Korean stock rights account for 51% while

Source: 中国橡胶网

2015/03/18

Columbian Chemicals (Jining) Carbon Black Project Getting Approved

Recently, the environmental impact statement of Columbian Chemicals (Jining) Carbon Black Project of Columbian Chemicals (Jining) Co., Ltd. got the approval of Shandong Environmental Protection Bureau. Located in Jining Jibei Hi-tech Industrial Park, this project covers an area of 15 hectares. The total investment of this project is 152.159 Million Dollar,

Source: 中国橡胶网

2015/03/18

Shandong Province Issuing Implementation Scheme of Transformation and Upgrading of Tire Industry

To accelerate the transformation and upgrading of tire industry in Shandong Province as well as strengthen and enhance the advantage for development of tire industry, on October 22, Shandong Province, the largest tire production province in China, issued Transformation and Upgrading Scheme of Tire Industry. The Scheme puts forwards that by 2020, the proporti

Source: 中国橡胶网

2015/03/18

Profit Increasing while Inventory RisingUtilization of Waste Rubber being Restricted by Slowdown of Market of Rubber Products

According to the statistics of Waste Rubber Comprehensive Utilization Branch of China Rubber Industry Association, in the first seven months of this year, for 38 key member enterprises, the realized profit had a year-on-year growth of 14.96%; meanwhile, the inventory of reclaimed rubber enterprises had a year-on-year growth of 83.22%; influenced by macro env

Source: 中国橡胶网

2015/03/18

Energy Conservation & Environmental Protection of Waste Rubber Comprehensive Utilization Re-upgraded

   “Even though the realized profit of 38 key member enterprises increased by 14.96% in the first 7 months of this year, we shall be acutely aware of the big gap from the resource-saving and eco-friendly enterprises as the economic benefit of the industry is increasing. In particular, the environmental protection situation is severe in the c

Source: 中国橡胶网

2015/03/18

Operation of Carbon Black Industry Facing Severe Winter

  “The carbon black industry gradually entered the severe winter in 2012, and the situation was even worse in 2013, since the output only increased by 8.8%, reaching the historically lowest level with regard to growth rate; and the profit rate of sales revenue dropped to 0.16% from 1.7% in 2012 with the decrease exceeding 90%. Due to the sharp de

Source: 中国橡胶网

2015/03/18

Transformation of Rubber Industry to Adapt to the “New Normal Situation”

  “The era of fast development in rubber industry has ended. The development of rubber industry went into a new stage featured by step-down growth from 2012, showing a new normal development trend and characteristics.” In the World Rubber Forum 2014 & Information Conference held on October 15, Deng Yali, the president of China Rubber In

Source: 中国橡胶网

2015/03/18

Study on Development Strategy for China Rubber Industry Power Formally Released

On October 16, Deng Yali, the president of CRIA, announced the formal release of Study on Development Strategy for China Rubber Industry Power (hereinafter referred to as Strategy for Rubber Industry Power) on the sub-forum of China International Rubber Industry Expo—“China Rubber Industry Power Development Forum & New Book Release Conference

Source: 中国橡胶网

2015/03/18

China natural rubber prices on March 13

Commodity Sectors Price Date Natural rubber Rubber & plastics 12236.67 2015-03-13 Natural rubber Rubber & plastics 12250.00 2015-03-12

Source: 中国橡胶网

2015/03/13

Lanxess could spin off SR business

Lanxess A.G. is holding talks with potential partners regarding the formation of alliances or joint ventures for its synthetic rubber (SR) business, a spokesman confirmed recently. The firm is evaluating different strategic options for its SR business, the spokesman said, in conjunction with its three-stage program “Let's Lanxess Again.” This p

Source: 中国橡胶网

2015/03/12

Kumho to repurchase bus company

Kumho Asiana Group will buy back Kumho Buslines from IBK Securities-Keistone Partners (IBK Fund), according to the Korea JoongAng Daily. Park Sam-koo, the group’s chairman, wants to buy back the company because the entire group was founded on Kumho Buslines after his father founded it in 1946. The price of the sale has not been disclosed, but is esti

Source: 中国橡胶网

2015/03/11

ANRPC expects increase in NR production

Natural rubber production will increase 5.1 percent in 2015, to 11.175 million metric tons from 2014’s 10.632 million, according to the latest figures from the Association of Natural Rubber Producing Countries. The January 2015 issue of the ANPRC’s newsletter, Natural Rubber Trends & Statistics, had “The Year of Optimism” as its

Source: 中国橡胶网

2015/03/10

World Bank economist expects rubber prices to increase

Rubber prices are expected to grow 4.1 per cent next year as natural rubber has a tendency to react faster to international economic developments, Dr John Baffes, a World Bank economist, said. Global market is expected to grow 5.3 per cent next year. Natural rubber is a complex product. It is dependent on a lot of factors other than economic and commerce. Cl

Source: 中国橡胶网

2015/03/09

China natural rubber prices on March 5

Commodity Sectors Price Date Natural rubber Rubber & plastics 12373.33 2015-03-05 Natural rubber Rubber & plastics 12400.00 2015-03-04

Source: 中国橡胶网

2015/03/06

Goodyear concept tires offer a glimpse of the future

Two groundbreaking concept tires unveiled by The Goodyear Tire & Rubber Company at this week’s 85th Geneva International Motor Show could radically change the role of car tires in the future. Though the two tires are concept products, the futuristic technologies stretch the imagination and provide a glimpse of what practical innovations may be on t

Source: 中国橡胶网

2015/03/05

Chinese carbon black JV in the works

A Columbian Chemicals joint venture in China was set to break ground on a $190 million carbon black project in late February, according to the venture’s principal entity, India’s Aditya Birla Group. The Columbian Chemicals (Jining) project, located at Jibei High-tech Industrial Park in Jining, Shandong province, consists of two-phases, each with

Source: 中国橡胶网

2015/03/04

Potential buyers of Kumho Industrial revealed

Several parties have submitted bids for the majority stake of Kumho Industrial, the holding company of Kumho Asiana Group. According to Korean media, there is new interest in purchasing the 57.4% stake of Kumho Industrial because ownership of the company has stated that the price would include management rights to several of Kumho’s affiliates. The co

Source: 中国橡胶网

2015/03/02

New Jersey proposes ban on lead and mercury wheel balance weights

Another state has proposed a ban on lead and mercury wheel balance weights for all vehicles within the state, including passenger and commercial vehicles. If passed, the state of New Jersey would become the eighth state to enact a ban on lead wheel balance weights. According to a press release form Wegmann Automotive, the law as proposed would only provide

Source: 中国橡胶网

2015/02/27