Double Coin tire meets EPA's SmartWay requirements

China Manufacturers Alliance L.L.C.'s Double Coin RR680 tire has met the requirements for the U.S. Environmental Protection Agency's SmartWay Technology Program. CMA said the RR680 has met the EPA low rolling resistance tire performance criteria for new tires in both the steer and drive positions. "Double Coin's RR680 was designed for today's tran

Source: 中国橡胶网

2013/09/02

Keyuan to increase production of styrene butadiene rubber

Keyuan Petrochemicals Inc. will increase its capacity of solution polymerized styrene butadiene rubber with a new facility capable of making 150,000 tons per year. The plant will use Keyuan’s proprietary technology to produce the tire raw material. Keyuan is an independent manufacturer and supplier of petrochemicals. The company said it wants to repl

Source: 中国橡胶网

2013/08/30

Mesnac buys U.S. tire test machine maker

Chinese machinery maker Mesnac Co. Ltd. has purchased majority ownership of Akron-based Test Measurement Systems Inc. (TMSI), a developer and maker of scientific and test-engineering systems for the tire and automotive industries. Terms of the deal were not disclosed. Qingdao, China-based Mesnac said it will retain the TMSI brand and identity and said TMSI

Source: 中国橡胶网

2013/08/29

Accused companies reviewing Toyo's complaint to ITC

Toyo Tire Holdings of Americas Inc. has accused 22 tire makers, importers and retailers of patent infringement before the U.S. International Trade Commission. Those 22 companies, meanwhile, still are studying through the 61-page complaint Toyo and its corporate affiliates filed with the ITC Aug. 14. In an Aug. 20 Federal Register notice, the ITC gave WTD,

Source: 中国橡胶网

2013/08/27

Foton invests 3.2 billion into new plant at Foshan

Foton Motor announced that the company signed with San Shui District government of Foshan City Guang Dong Province. It plans to invest 3.2 billion into Foshan to build a new production base. It mainly produces pickups and trucks, and annually productivity of the plant is about 240 thousand. It is the third time Foton enlarges its production bases in Southern

Source: 中国橡胶网

2013/08/26

SIBUR and Sinopec establish a joint venture to produce synthetic rubbers in Krasnoyarsk

China Petroleum and Chemical Corporation (Sinopec Corp.), a major global petroleum and petrochemical enterprise group, and SIBUR, a leading Russian gas processing and petrochemicals company, entered into a joint venture developed on the site of the Krasnoyarsk Synthetic Rubber Plant. Sinopec purchased 25% + 1 share of KZSK. The deal was approved by Russian a

Source: 中国橡胶网

2013/08/22

Apollo: Investment Focus on Serbia, China and Mexico

Apollo Tyres – which will add eight tire manufacturing plants across the globe after the completion of its $2.5 billion acquisition of Cooper Tire – will focus on expanding operations in Serbia, China and Mexico over the next few years, according to a report by the India Business Standard. Neeraj Kanwar, vice chairman and managing director, told

Source: 中国橡胶网

2013/08/21

Bridgestone opens tech center in Bangkok

Bridgestone Corp. has opened its Asia Pacific Technical Center Co. Ltd., a $42 million project designed to handle development work for the firm’s activities throughout Asia-Pacific. The center, operating under the direction of Bridgestone Asia Pacific Pte. Ltd., will house about 100 employees who will oversee functions relating to tire development, pr

Source: 中国橡胶网

2013/08/20

China natural rubber prices on August 16

Commodity Sectors Price Date Natural rubber Rubber & plastics 18492.86 2013-08-15 Natural rubber Rubber & plastics 18442.86 2013-08-14

Source: 中国橡胶网

2013/08/16

GITI wins China Petro bid for third-straight year

Giti Tire Ltd. will remain China National Petroleum Corp.'s tire supplier after winning its bid for the third year running. Excellent tire quality and professional technical service system led to the company's success in securing the bid, a spokesperson said. The tire maker will supply China National Petroleum with a number of different tires - ranging f

Source: 中国橡胶网

2013/08/15

Apollo Q1 earnings up, sales flat

Apollo Tyres Ltd. reported double-digit growth in operating and net income for the quarter ended June 30 on 0.8-percent higher sales. Apollo Chairman Onkar Kanwar attributed the earnings improvements to the company's leadership in India's high-margin truck/bus radial segment and an increasing focus on international replacement markets. He said the improve

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2013/08/14

Yokohama operating, net income fall in first half

Yokohama Rubber Co. Ltd. reported lower operating and net income for the six months that ended June 30 on slightly higher sales, but the company is sticking with its earlier full year forecast of double-digit earnings gains. Yokohama's operating income fell 4.2 percent to $199 million, and net income dropped 5.3 percent to $136.6 million. Sales rose 0.3 pe

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2013/08/13

Shanghai GM changes leader

According to the announcement published by Shanghai Municipal, Yongming Ye, VP of SAIC and general manager of Shanghai GM, may take CEO of Brilliance Group.Personage inside industry leaked that Yongming Ye transition 3 weeks ago at micro-blogging website. Just like his pervious Lei Ding, Yongming Ye has left automobileindustry after two and half years workin

Source: 中国橡胶网

2013/08/12

Sailun Hosts "Parent Tested, Parent Approved" Track Day

In July, Sailun invited 11 members of Parent Tested, Parent Approved (PTPA) – a product awards program with a parent-testing community and seal of approval – to a track day at Powerade Centre in Brampton, Ont., with the goal of providing education about tire safety, value and performance. Paired with professional drivers, participants were able t

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2013/08/09

Rubber falls from one-week high on concern China demand will weaken

Rubber retreated from a one-week high after U.S. jobs data missed estimates and on concern that slowing growth in China, the biggest buyer, may cut demand for the commodity used in tires. The contract for delivery in January fell as much as 2.8 percent to 241.1 yen a kilogram ($2,433 a metric ton) on the Tokyo Commodity Exchange, before trading at 246.1 yen

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2013/08/07

Hankook income, sales increase in recent quarter

Hankook Tire Co. Ltd. reported 11.3 percent better operating income for the quarter that ended June 30 on 1.4 percent higher sales, yielding an earnings/sales ratio of 14.5 percent. Hankook's operating income rose to $237.7 million on sales of $1.64 billion. The tire maker did not elaborate on the reasons for its improved earnings performance, but Hankook

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2013/08/05

Cramer to oversee Continental's business operations in China

Continental A.G. has appointed one of its executive board members to oversee its efforts in China as the conglomerate looks to continue the strong growth it has shown in the nation. Ralf Cramer, head of the Chassis & Safety Division since December 2007 and a Conti board member the last three years, will become president of the firm's organization in Ch

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2013/07/30

Jianghuai Automobile exports 57,000 vehicles to Brazil

Jianghuai Automobile Co. exported nearly 10,000 vehicles in the first half of this year to the Brazilian market, and has sold about 57,000 vehicles through its agency, Grupo SHC, according to JAC's recent data. Of the exported vehicles, the retail sales volume contributed 51,000 units. JAC entered the Brazilian market two years ago, and started to sell th

Source: 中国橡胶网

2013/07/29

China natural rubber prices on July 26

Commodity Sectors Price Date Natural rubber Rubber & plastics 17442.86 2013-07-25 Natural rubber Rubber & plastics 17414.29 2013-07-24

Source: 中国橡胶网

2013/07/26

Rubber inventory at China's Qingdao down 3%

Rubber inventories in China's bonded warehouses have fallen nearly 3 percent in the end of June and the beginning of July as credit-strapped tire makers have been forced to reduce imports and turn instead to domestic stocks. Rubber at Qingdao, which makes up the bulk of China's inventories, has also been offered at a discount to prices in Southeast Asia t

Source: 中国橡胶网

2013/07/25