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Macrolink Group, a significant shareholder of Sailun, recently received a civil ruling from the court in Beijing. The document shows that the court has accepted the reorganisation application filed by Hunan Fortune Group against Macrolink Group. It is reported that the cause of this incident was that Macrolink Group failed to pay off its due debts, and Hunan Fortune Group was the creditor.
On 20 July 2022, the launch ceremony of the Advanced Polymer and Metal Materials Industrial Park in Qingdao City, Shandong Province was held. Tyrepress noted that among the seven projects that started construction, the Functional New Material Industrial Park belonging to the National Engineering Research Center for Rubber and Tire (NECRAT) was included.
The recent news that Sailun Tyre plans to invest 17.48 billion yuan in setting up two factories in Dongjiakou, Qingdao, has received widespread coverage in Chinese media. The investment in the tyre factory is 15.18 billion yuan, involving 20 million sets of semi-steel radial tyres, 10 million sets of all-steel radial tyres, and 150,000 tons of OTR tyres. The investment in the 500,000-ton new material factory is 2.302 billion yuan. Sailun’s various production bases will mainly use the material factory’s products. According to Sailun’s calculations, the Dongjiakou tyre factory will achieve 21.9 billion yuan revenue and 2.96 billion yuan profit yearly. The annual turnover of the material factory is 12.035 billion yuan, and the average annual net profit is 923 million yuan.
Sailun Tire Americas is planning to open a US technical centre in Chattanooga, Tennessee, USA that will develop tyres for passenger, light truck, SUV, CUV and medium truck tyres applications as well as tyres for electric vehicles. Tyre developed there will ultimately end up at both OE and replacement destinations.
On 24 June 2022 Sailun decided to invest 15.18 billion yuan in building a new tyre factory in Dongjiakou, West Coast New District, Qingdao City, Shandong Province. The planned annual production capacity is 20 million sets of semi-steel radial tyres, 10 million sets of all-steel radial tyres and 150,000 tons of OTR tyres. At present, the Sailun board of directors has passed this investment proposal.
It doesn’t suffice for a product to be sustainable. The processes used to manufacture this product must be sustainable, too. This is the thinking behind EcoPoint³, the innovation in compounding technology that Sailun Group highlighted during The Tire Cologne. Arriving soon in tyres sold in the UK and Europe, EcoPoint³ results from more than a decade of development.
Sailun Tire Group says it has developed a technology that will “create a rubber revolution in the tyre industry.” Utilising liquid phase mixing, this new proprietary technology is known as EcoPoint³. According to Sailun, EcoPoint³ matches or exceeds tyre performance across the three key functional attributes of rolling resistance, wear resistance and wet grip performance. It will, the tyre maker confidently adds, “change the way that tyres are manufactured.”
On 14 February, Sailun Group Co., Ltd.’s Board of Directors unanimously approved plans to invest RMB 1.43 billion (£165.9 million) to establish a factory in Cambodia with the capacity to produce 1.65 million all-steel truck and bus radials a year. These tyres will primarily be exported to meet demand in European and North American markets.
As 2021 draws to a close, Sailun reports that it has sold 7 million tyres in Europe “and counting”. Sailun is the 16th largest tyremaker by turnover according to our 2021 ranking of leading manufacturers. The company’s newest production base, which is located in Cambodia, started making tyres on 21 November 2021.
Sailun Tire Americas is recalling almost 85,000 tyres that, due to a manufacturing issue, may experience a belt separation. The Sailun, RoadX, Blacklion, Blackhawk and Ironhead brand tyres in question are ST235/80R16 and ST235/85R16 products with DOT codes 2020 through 4120.
Sailun’s Cambodia tyre factory manufactured its first tyre on 1 November 2021. Symbolic launch aside, production proper began the following week with the goal of reaching full speed by 18 November 2021.
Sailun has presented ‘The Smart Experience’ at the NUFAM 2021 commercial vehicle show in Karlsruhe, Germany, in collaboration with German truck tyre distributor Bohnenkamp AG. Sailun said its stand attracted much interest, with visitors enquiring about the Bohnenkamp partnership, as well as enjoying a game of table football on stand.
The past 18 months have been “very challenging and unique”, comments Sailun Tyre Europe. But the company now says it is delighted to announce participation in two forthcoming trade shows. The first is here in the UK: In conjunction with Kirkby Tyres, local distributor of the Sailun truck tyre range, the tyre maker will occupy a 125 square metre stand within Hall 4 of the NEC when the Commercial Vehicle Show comes opens in Birmingham on 31 August.
Sailun Tyre is the new global tyre partner of German club FC Ingolstadt 04, which plays in the 2. Bundesliga. The collaboration between the ‘Schanzer’ and the Qingdao, China-based tyre maker is set to run for at least three years and is Sailun’s first professional football sponsorship deal with a German team.
With the Olympic Games opening ceremony underway, Sailun Tyre has released details of its sponsorship of windsurfing medal hope, Kiran Badloe. The 26-year-old Dutch windsurfer’s collaboration with Sailun and their local Benelux distributor, TTI Tire Trading, was sealed at sea off the coast of Scheveningen and TTI MD Peter-Alexander van ‘t Hof, is also a keen windsurfer.
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