Cheng Shin Ramps Up R&D; Aims For Yokohama

Cheng Shin Rubber Industry Co. is ramping up R&D spending at its Kunshan, China, facility this year with the hope of securing more orders from international brands, reports the Taipei Times. The tiremaker, which produces Maxxis, CST, Sakura and Presa brand tires, also said that it aims to become the eighth-largest tiremaker in the world, ahead of Yokoha

Source: 中国橡胶网

2014/09/29

Indian tire and rubber sector request national policy

The tyre and other sectors of (Indian) rubber industry have written to additional secretary plantations in Ministry of Commerce, who is also the chairman of the expert committee to draft national rubber policy, that the natural rubber (NR) stock figures at the end of August 2014 as released by the Rubber Board shows a discrepancy of approximately 1 lakh tonn

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2014/09/28

Giti Tire opens R&D center in Ohio

Giti Tire Group has settled on Uniontown, south of Akron, as the site for its North American research and development center, which the company announced a year ago. The North American facility is one of five R&D Centers for Giti Tire, the Singapore-headquartered tire maker with factories in China and Indonesia. The company earlier this year disclosed p

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2014/09/26

Hankook OEM for Truck Supplier

Hankook will supply original equipment tires for MAN Truck & Bus AG starting in 2015. Hankook Becomes OEM Supplier to MAN. The partnership with MAN will initially concentrate on the European market and cover 25 tires sizes in the 22.5 and 24-inch range, Hankook said. The tiremaker will supply its e-cube MAX, SmartFlex and SmartWork for various MAN mode

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2014/09/25

Italy's rubber imports, exports increase in first half

Italy experienced a rise in imports and exports of rubber and plastics equipment in January-June this year, said Assocomaplast, the trade association representing companies in the sector. The group’s announcement comes after a long period of weakness in the Italian market caused by debt-related economic problems. There was a progressive rise in import

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2014/09/24

Nokia Tyres adjusts production output

Nokian Tyres will start statutory negotiations on 25 September 2014 at its Nokia car tire production plant to adjust the production to meet the market situation. With the negotiations the company aims to adjust the utilization of the production capacity and create cost savings. The agenda of the negotiations includes planned production downtime, possible cha

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2014/09/23

Work starts on Fengli Tire expansion

Guangzhou Fengli Tire & Rubber Co. Ltd. has started work on a project at its plant in Conghua, Guangdon Province, to install annual capacity for 10 million eco-friendly, high-performance tires, according to the project’s environment assessment report. The project is budgeted at $328 million and is scheduled to be completed by year-end 2015. Guang

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2014/09/22

Apollo Tyres confirms plan for new 475 million Euro plant in Hungary

Apollo Tyres has confirmed Hungary as the location for its first Greenfield facility in Gyöngyöshalász, after receiving the necessary approval from its Board of Directors. The company said Hungary was chosen after a consideration of various factors over some of the neighboring Central Eastern European and Asian countries. Apollo Tyres said i

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2014/09/19

Senators support USW call for duties against Chinese tires

Thirty-one U.S. senators have sent a joint letter to Commerce Secretary Penny Pritzker, supporting the agency’s decision to initiate an investigation based on the United Steelworkers’ petitions for countervailing and antidumping duties against passenger and light truck tires imported from China. The senators praised President Obama’s Septe

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2014/09/18

Yanchang Rubber opens tire plant

Shaanxi Yanchang Petroleum Northwest Rubber L.L.C. has finished construction of a tire plant in Xianyang, Shaanxi Province, that is rated at 8 million units a year of radial car tires in the first phase. The new plant represents a $165 million investment, the company said, and is part of a first-phase project that also includes a truck/bus radial line that

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2014/09/17

Michelin Purchasing German Wholesaler

According to information available to Tyres & Accessories, major European wholesaler Ihle Baden-Baden AG may soon belong to Michelin. The French tiremaker is said to be planning a 100% acquisition of parent company Ihle Holding AG, whose assets include some 20 companies. Ihle Baden-Baden AG, which is headquartered in the spa town that serves as its names

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2014/09/16

Japan may begin buying Myanmar rubber next month

Japan will begin buying rubber from Myanmar producers next month if it meets the quality standards required by its market, according to the Myanmar Rubber Planters and Producers Association. Khine Myint, the association’s secretary, said Japanese buyers had been analyzing the quality of rubber produced in Myanmar since last year, in preparation for imp

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2014/09/15

Trelleborg Divests Rubber Boots Facility

Trelleborg will divest its facility based in Spain that manufactures rubber boots for light vehicles. The facility is part of the Trelleborg Industrial Solutions division and will be purchased by Delmon Industrie S.A. According to Trelleborg, the market demand for thermoplastic elastomer (TPE) boots for constant velocity joints and rack and pinion is steadi

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2014/09/12

Belle Tire Opens 90th In Michigan

Michigan-based Belle Tire Distributors opened its 90th retail location in Coldwater, Mich., this week. The 10,000-square-foot location will include 10 service bays, two full-alignment pits and a mezzanine warehouse built to hold more than 3,000 tires, said the company. The retailer will also offer automotive services that range from custom wheels, alignmen

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2014/09/11

China drops its anti-dumping duties from Russia, Japan and South Korea

China has ended its anti-dumping duties on styrene-butadiene-rubber imports from Russia, Japan and South Korea, effective Monday, September 8, the Ministry of Commerce said over the weekend. In 2009, China extended its 4-38 percent anti-dumping duties on SBR imported from the countries by five years. The tax expired Monday, and the ministry has been reviewin

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2014/09/10

China natural rubber prices on September 9

  Commodity Sectors Price Date Natural rubber Rubber & plastics 12726.67 2014-09-09 Natural rubber Rubber & plastics 12746.67 2014-09

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2014/09/09

India expects increase in natural rubber imports

Natural rubber import is likely to be more attractive for the industry as leading producing countries weigh more concessions on export. To add to the woes of the growers, the military junta of Thailand, world's largest exporter of rubber, has recently decided to release 200,000 metric tons of stock pile. Adding much pressure on the supply side this will def

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2014/09/05

Accella Buys German Tire Fill Producer

Accella Performance Materials has acquired Zeus Tyrefill Systems GmbH, a manufacturer of tire fill systems and flat-proofing products for heavy duty industrial and OTR tires. Zeus, based in Dortmund, Germany, will be a subsidiary of Accella Polyurethane Systems, joining other tire fill units Arnco and Pathway Performance, both previously acquired by St. Lou

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2014/09/04

New tire plant in China begins production

Anhui HeDing Tires Technology Co. Ltd. has begun production at its new factory in Bengbu, Anhui, province, 17 months after beginning construction on the $323 million project. The plant, in the Huaiyuan Economic Development Zone in Bengbu, is designed to produce up to 4 million high-performance steel-belted radial tires annually in the project’s first

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2014/09/03

Stakes different in latest China trade war

Round 2 of the trade debate over whether antidumping and countervailing duties should be placed on passenger and light truck tire imports from China is well under way. At first glance, the issues seem very much the same as five years ago when President Barack Obama approved three years of elevated tariffs on such imports, a measure that ended in September 2

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2014/09/02