Buzuluk sold to Chinese joint venture

Komarov, Czech Republic (Feb. 22, 2012)– CGS group sold its 100 percent share in machinery maker Buzuluk a.s. to Dalian Rubber & Plastics Machinery and Tianjin Machinery Import & Export Corporation. CGS group sold the company in order to develop its core business, which is the manufacturing and sale of off-road tyres and technical rubber. &ldq

Source: 中国橡胶网

2012/02/23

Chinese seek to develop S-SBR technology

Beijing （Feb. 22, 2012） – China aims to develop its own solution-SBR technology to further the development of 'green' tyres. According to a report from China Petrochemical News published on the website of the China Rubber Industry Association, China lags far behind world manufacturing practices in terms of consumption of S-SBR. A significant fac

Source: 中国橡胶网

2012/02/23

Triangle Tire restructures

Beijing (Feb. 20, 2012) – A short Chinese-language report on the official website of Triangle Tire appears to say that the company has restructured following rapid growth in the last few years. The restructuring allows the company to become more streamlined and to better manage its different operating devisions. At a meeting attended by over 120 execu

Source: 中国橡胶网

2012/02/21

Michelin to invest $1 billion in China - report

Beijing (Feb. 20, 2012 ) – Quoted on the CRIA website, Michelin's group finance director reportedly said Michelin expects to invest over $1000 million in China between now and 2015. The company still cannot meet local demand for Michelin-branded tyres.

Source: 中国橡胶网

2012/02/21

CRIA sets up registration for rubber traders

Beijing (Feb. 20, 2012) – Folowing a series of defaults in the international Rubber trade, China's CRIA has set up a registration scheme for honest traders. The CRIA has published an initial list of26 traders who can be considered good international partners. CRIA invites comment on whether these companies are good international partners. The 26 comp

Source: 中国橡胶网

2012/02/21

China is dealing with scrap tyre issue

Beijing (Feb. 20, 2012) – China is steadily making progress on the disposal of tyres, but is hindered by lack of facilities for dispposing of this,”Black Pollution”according to a lengthy report on the website of the CRIA. The industry proposes accelerating the development of waste tyre regulations and enforcing existing laws more strictly.

Source: 中国橡胶网

2012/02/21

Chinese rubber imports fall by a third in January - reports

Beijing – Chinese imports of synthetic rubber (including latex) in January 2012 was 100,758 tons, down 27.8 percent,; the value amounted to $ 357, million down 16.6 percent. Meanwhile imports of natural rubber (including latex) in January 2012 was 140,000 tons, a decline of 33.3%; imports amounted to 451.293 million U.S. dollars, down 29.1 percent. T

Source: 中国橡胶网

2012/02/10

CRIA publishes 'Tyre Industry Briefing'

Beijing – A short report titled Tyre Industry Briefing has appeared on the website of the China Rubber Industry Association (CRIA). The report covers the subjects of downtime over the Chinese New Year and price increases announced by the premium brand manufacturers.  

Source: 中国橡胶网

2012/02/09

Chinese carbon black delegation visits India

Beijing – A delegation from China's carbon black industry visited India from 13-19 January. Three companies were represented; Jiangxi Black Cat; Hebei Bright and Shandong Gold. The mission was supported by China's Ministry of Commerce. The mission visited Indian carbon black makers and also visited Apollo Tyres, JK Industries and the Indian ATMA (Au

Source: 中国橡胶网

2012/02/09

Chinese rubber processors concerned at cost increases

Beijing – Manufacturing costs in China's rubber industry rose by around 30 percent in the first 10 months of 2011, due to raw material price increases. A report on the CRIA website said SBR costs increased by 48 percent; BR by 34 percent and NR by 28 percent.  

Source: 中国橡胶网

2012/02/09

Aeolus completes car tyre factory

Beijing – Aeolus tyre has completed the construction of a new car tyre factory in Henan province. A report on the CRIA website said the factory has capacity for 5 million units/year and represents an investment of yuan 1049 million (euro 125 million).  

Source: 中国橡胶网

2012/02/08

Aeolus completes car tyre plant; enters EU market

Hardenberg, The Netherlands – Following completion of a 5m unit/year car tyre plant in China, Aeolus Tyre is to begin marketing passenger car tyres in Europe, through the Netherlands-based Heuver wholesale chain. “This is the right time to enter the passenger car tyre market", declares managing director Bertus Heuver. “The tyre market

Source: ERJ

2012/02/08

TST wins big curing press order from BKT

Beijing – Tianjin Saixiang Technology has won an order worth $24.77 million to supply curing presses and moulds to India's Balkrishna Industries. Two separate reports; on the CRIA website and on CapitalVue, which quaoted a company filing, said the order represents 30 percent of TST's 2010 revenues. The reports said the contract covers the supply of

Source: 中国橡胶网

2012/02/06

CRIA reports on Green tyres in China

Beijing – China is following the EU lead in movig to 'green' tyres, according to a long report published on the website of the China Rubber Industry Association (CRIA). The report, first published on the Adsale Rubber Network, appears to take most of its information from the Lanxess Rubber day held in Beijing on 2 December 2011.  

Source: 中国橡胶网

2012/02/03

Fake names now affecting Chinese tyre companies

Beijing – It is not only Western tyre makers who are being affected by brand infringement in China. A recent case saw The New Tianjin company being sued over its choice of trading names, which were similar to those of pre-existing tyre makers. In each case, apparently, the company had set up units which traded under well-known brand names, except that

Source: 中国橡胶网

2012/02/03

Mesnac buys Beijing Jingyie

Qingdao Free Trade Zone, China – Mesnac Co., Ltd. Is to purchase 100 percent shares of P & D Company, which means it will control 66.7 percent shares of the Chinese company, Beijing Jingyie Mechanical Equipment Co., Ltd. The purchase follows its acquisition of Wyko Tire Technology on 1 December 2011. Beijing Jingyie is a sino-foreign joint ventu

Source: 中国橡胶网

2012/02/02

Triangle launches euro 600 million fund-raiser

Beijing – Triangle Tire said it has issued loan notes worth yuan 5000 million (euro 604 million). The company did not say how it intends to use the cash.  

Source: 中国橡胶网

2012/02/02

Karol Vanko honored for Chinese Friendship

Beijing – Karol Vanko, head of the Mesnac European Research and Technical Centre (MERTC) in Slovakia has been honored with the 2011 Chinese “Friendship Award”. The national “Friendship Award” is awarded annually, and is the highest national award for the foreign experts who work in China. It is granted by Chinese government and

Source: 中国橡胶网

2012/02/02