News
Cambodia increases rubber plantation acreage by 16 percent
Cambodia has 325,900 hectares of rubber plantations as of last year, up 16 percent compared with 280,350 hectares in a year earlier, a report of the Ministry of Agriculture showed. Some 78,444 hectares of them are old enough to be yielded, the report said, adding that the country collected 90,000 tons of rubber resin last year. The ministry predicted that ru
Source: 中国橡胶网
2014/02/18
Kia launches output at 3rd China plant
The third assembly plant built by Kia Motors' Chinese joint venture launched production recently in the east China city of Yancheng. The new facility can build 300,000 vehicles a year after reaching full capacity.
With three plants, all in Yancheng, the joint venture, dubbed Dongfeng Yueda Kia Automobile Co., said it can produce up to 800,000 vehicles a ye
Source: 中国橡胶网
2014/02/17
Tokai Carbon to purchase carbon black maker Cancarb
TransCanada Corp. has agreed to sell thermal carbon black maker Cancarb Ltd. and its related power generation facility to Tokai Carbon Co. Ltd. for $190 million.
The transaction is expected to close late in this year's first quarter, subject to various approvals.
A spokesman for TransCanada said the company was interested in "pursuing a possible sale
Source: 中国橡胶网
2014/02/14
Synthetic rubber demand, prices expected to increase
Synthetic rubber demand is expected to rise in 2014, which in turn will increase its price as well as its feedstock price, specifically butadiene.
After a year of sharp decline, butadiene prices are projected to increase gradually throughout 2014, according to William Hyde, senior director of olefins and elastomers at global chemical consulting firm IHS Inc
Source: 中国橡胶网
2014/02/12
China Manufacturers Alliance opens Calif. distribution center
China Manufacturers Alliance L.L.C. (CMA) has put into service its West Coast distribution center in Rancho Cucamonga, eight months after breaking ground on the 129,00-sq.-ft. facility.
The center will support customers with shipments of Double Coin and other CMA brands, CMA said. Monrovia, Calif.-based CMA's operates one other North America warehouse in M
Source: 中国橡胶网
2014/02/11
Cooper Tire reaches agreement with Chengshan Group and CCT labor union
Cooper Tire & Rubber Company announced it has signed an agreement with Chengshan Group Company Ltd. and the CCT labor union establishing a path forward for the Cooper Chengshan (Shandong) Tire Company Ltd. (CCT) joint venture.
The agreement establishes a process for determining the future ownership of CCT, which begins with engaging an independent valua
Source: 中国橡胶网
2014/02/10
Tire demand to increase annually through 2017
Led by growth from Asia, in particular China and India, demand for tires worldwide should increase 4.3 percent annually through 2017 to 2.9 billion units, according to market researchers Freedonia Group Inc.
Seen in value terms, the study, "World Tires," expects the world market to grow nearly 8 percent annually, reaching $276 billion by 2017.
Fr
Source: 中国橡胶网
2014/01/27
Yokohama building 2nd Chinese car tire plant
Yokohama Rubber Co. Ltd. is building a passenger tire plant in Suzhou on land adjacent to its existing truck/bus tire plant there, with production scheduled to begin in April after just nine months of construction.
Yokohama broke ground on the plant last summer but didn't disclose the project until this week. It's budgeted $253 million for the plant, whic
Source: 中国橡胶网
2014/01/26
China natural rubber prices on January 24
Commodity
Sectors
Price
Date
Natural rubber
Rubber & plastics
16866.67
2014-01-24
Natural rubber
Rubber & plastics
16866.67
2014-01-23
Source: 中国橡胶网
2014/01/24
Sino Legend responds to ITC decision on tackifier imports
The U.S. International Trade Commission (ITC) issued a substantial modification to its initial determination in the Sino Legend (Zhangjiagang) Chemical Co., Ltd. and SI Group Inc. intellectual property case. The commission ruled that the majority of SI Group’s alleged trade secrets are unprotectable, and rejected SI’s request to exclude Sino Lege
Source: 中国橡胶网
2014/01/23
Faurecia opens auto components industrial park in China
Faurecia opened a 646,000 square foot Automotive Seating Industrial Park in Wuhan in November.
The firm's two existing seating plants in the city have been moved into the park and will supply seat frames and complete seats to Dongfeng Peugeot Citroen Automobile and Nissan.
The effected plants are Faurecia GSK Automotive Seating, a 51 percent joint venture
Source: 中国橡胶网
2014/01/22
2013 European tire aftermarket stabilizes
The European replacement tire market stabilized toward year-end 2013 after significant decreases in shipments earlier that year, the European Tyre & Rubber Manufacturers’ Association (ETRMA) reported.
Based on the second half upswing, the ETRMA is projecting growth in 2014 of 2 to 3 percent.
The worst numbers were in the consumer tire sector, whi
Source: 中国橡胶网
2014/01/21
Mesnac announces formation of a global tooling division and new leadership
Mesnac recently announced the formation of a global Tooling Division to consolidate its operations in the U.S, U.K., Slovakia and China into one business unit known as the Mesnac Tooling Division.
This division will provide tooling support to Mesnac’s tire building machine divisions in China, Slovakia and to its subsidiary Beijing Jingyie. The divisio
Source: 中国橡胶网
2014/01/20
China Auto Sales up 14% in 2013
China’s motor-vehicle sales rose 14% in 2013, the strongest gain in three years, boosted by solid demand. Sales of automobiles including both passenger and commercial vehicles reached a record 21.98 million units last year, the government-backed China Association of Automobile Manufacturers said.
Source: Dow Jones
Source: 中国橡胶网
2014/01/16
ITC retains antidumping duties on Chinese OTR tires
The International Trade Commission (ITC) has voted to retain antidumping and countervailing duties on certain Chinese OTR tires in a routine review of a 2008 judgment against Chinese OTR tire manufacturers.
Meanwhile, the same Chinese companies continue to press forward with their claim that a 2012 law allowing countervailing duties to be levied against Chi
Source: 中国橡胶网
2014/01/15
Airtech Advanced Materials announces new non-silicone rubber, Airpad HTX
Airtech Advanced Materials Group announced the release of Airpad HTX, a non-silicone rubber for enhanced performance in caul sheets and flexible mandrels. Airpad HTX has been formulated to provide enhanced performance in comparison to other rubber caul sheet materials. It bonds aggressively to bondable release film, resulting in a longer lasting tooling. Air
Source: 中国橡胶网
2014/01/14
Malaysian rubber sector to maintain resilience on higher export earnings and glove demand
The Malaysian rubber industry is expected to maintain its resilience next year, driven by higher export earnings of rubber products as well as stronger demand for rubber gloves.
Malaysian Rubber Board director, General Datuk Dr. Salmiah Ahmad, said rubber products would continue to be the main contributor to the industry in terms of export earnings and it w
Source: 中国橡胶网
2014/01/13
2013 Year in Review: October through December
October
AirBoss of America Corp. announces it will buy automotive anti-vibration products maker Flexible Products Co.
Megadyne S.p.A. purchases Turkish conveyor belt maker Rultrans Transmisyon A.S.
Aiming to expand its presence as a rubber product maker, Wabtec Corp. buys Longwood Industries Inc.
Lanxess A.G. restructures and labels its rubber chemicals&
Source: 中国橡胶网
2014/01/10
2013 Year in Review: July through September
July
Higher demand prompts Dayco Products L.L.C. to spend $2 million to expand an automotive components factory in Williston, S.C.
The SI Group Inc.-Sino Legend (Zhangjiagang) Chemical Co. Ltd. trade secrets dispute over rubber resins continues, each winning a court case in their home countries.
Rubber parts maker RSP Inc. opens its third facility in Chin
Source: 中国橡胶网
2014/01/09
2013 Year in Review: April through June
April
Reed Rubber Products Inc. adds an extrusion line and moves to a larger facility in St. Louis to accommodate growth.
Elastomer Technologies Inc. expands its operation and opens a plant in Corona, Calif., to give it greater flexibility and the space to handle additional growth.
Original equipment tire demand should be strong, replacement shipments mea
Source: 中国橡胶网
2014/01/08
