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373 search results for: sailun

16

Sailun ups Cambodia expansion to 12 million tyres

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Following on from an October 2023 announcement that it will extend annual passenger and light commercial vehicle tyre capacity in Cambodia by 6 million pieces, Sailun Group has approved additional investment in its plant. It will invest a further RMB 773.69 million (£85.05 million) to expand the capacity expansion project from 6 million to 12 million tyres a year. In total, Sailun is investing RMB 2.25 billion (£247.33 million) in its Cart Tire Co. Ltd. project, which will result in a facility capable of making 21 million semi-steel radial tyres a year.

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19

Mexico plant a “strategic expansion” for Sailun

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Sailun Group has confirmed plans to build a joint venture factory in Mexico. In a statement, Sailun Tire Americas describes the decision to establish the plant as a “strategic move” aimed at enhancing Sailun’s production capabilities and streamlining the supply chain to provide customers with “even better service and more efficient delivery of our products.” It further calls this “strategic expansion” a “significant milestone in the company's commitment to innovation, efficiency, and global growth.”

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20

Sailun enters JV for Mexico tyre plant

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Sailun Group is partnering to build a new factory in Mexico. Through its wholly owned subsidiary Sailun International Holding (Singapore) Pte. Ltd., the Chinese firm signed a joint venture agreement with TD International Holding and Sapide CV (TD Mexico) on 15 December. The partners will build a facility capable of producing 6 million semi-steel radial tyres annually and are also considering the future establishment of capacity to produce 1.65 million all-steel radials a year.

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22

Sailun Cambodia plant increases tyre production capacity by 6 million units

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On 30 October, Sailun stated that it plans to invest 1.47 billion yuan (approximately £170 million; €190 million) to build a semi-steel radial tyre project in Cambodia with an annual output of 6 million units. According to the tyre manufacturer, as the competitiveness of tyre products at Cambodian factories has continued to improve in recent years, existing production capacity can no longer meet existing customer orders. It is reported that the newly added semi-steel radial tyre products will be mainly targeted at overseas markets such as North America.

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23

Sailun’s revenue in the first three quarters was close to 20 billion yuan

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On 18 October, Chinese tyre manufacturer Sailun announced its primary financial data for the first three quarters 2023. Data disclosed by the tyre company showed that revenue in the first nine months was close to 20 billion yuan, reaching 19.01 billion yuan (approximately £2.13 billion; €2.45 billion), a year-on-year increase of 13.72 per cent.

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24

Sailun Group a Nokian Tyres offtake partner

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Nokian Tyres has unveiled a new all-season tyre for European markets and launch images of the Seasonproof 1 don’t only provide a view of what the tyre looks like – the DOT code on the sidewall tells us where Nokian Tyres Seasonproof 1 is made, and who the manufacturer is. What we can see from the 205/55 R16 and 235/60 R18 tyres in publicity photos is that both were produced by Sailun Group in Qingdao, China.

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25

Sailun expands Atrezzo ZSR2 and ZSR2 EV tyre ranges

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Sailun Tyre Group is expanding its range of Atrezzo ZSR2 and ZSR2 EV tyres. By the end of the year, 14 new tyre dimensions ranging from 16 to 20 inches in diameter, a total of 54 sizes will be introduced. The majority of the sizes are concentrated on vehicle models with R19 and R20 wheel sizes. Corresponding tyre dimensions for the fast-growing SUV segment will follow in spring 2024.

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26

Sailun Group net profit rises 62% in H1 2023

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Sailun Group reports having produced 14.16 million tyres and selling 13.57 million tyres in Q2 2023. During the first half of this year, the company produced 25.68 million tyres, a year-on-year increase of 12.3 per cent. H1 2023 tyre sales amounted to 25.11 million pieces, up 12.3 per cent year-on-year.

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28

Football: Sailun a premium partner to VfL Osnabrück

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Together with local distribution partner Bohnenkamp, Sailun Group has become tyre partner of German football club VfL Osnabrück, which currently plays in the second division 2. Bundesliga. Sailun has come on board as a premium partner, while Bohnenkamp and the Maxam brand serve as team partners. This joint arrangement will initially run for three years.

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29

Sailun overtakes Linglong into pole position in China: Analysing the 2022 annual reports of listed Chinese tyremakers

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Recently, Chinese listed companies have released their 2022 annual reports. Tyrepress China conducted a statistical analysis of the annual report data of 10 tyre companies. Among the companies included in the analysis list, Sailun, Linglong, Triangle, Huayi (the parent company of Double Coin), Aeolus, and Jiangsu General are listed on the Shanghai Stock Exchange. Guizhou Tyre, Doublestar, and Sentury are listed companies on the Shenzhen Stock Exchange. The data of Prinx Chengshan comes from the Hong Kong Stock Exchange.

30

A Guinness World Record with Sany & Sailun

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Sailun tyres produced using EcoPoint³ technology have played a role in securing Sany Truck’s place in the Guinness World Records. A Sany Mota 1165 heavy-duty electric truck fitted with Sailun SFL1 tyres in size 12R22.5 18PR broke the record for the longest distance travelled by an electric semi-trailer truck on a single charge.

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