China Archives - Page 168 of 240 - Tyrepress

Now one of the largest tyre-producing countries in the world, China has an indisputable influence on the direction of global tyre trade. The home of both fast-growing up-and-coming brands as well as a burgeoning domestic market, this tag chronicles China’s involvement with the tyre business.

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Lower Vehicle Sales, Imported Tyres Hammering Indian Manufacturers

A slowing demand for new vehicles in India has prompted led to OE tyre supplies from manufacturers based in the country to reduce by as much as 70 per cent. And the story is not much better in the aftermarket sector, reports the Automotive Tyre Manufacturers Association (ATMA), who says that cheaper imported Chinese made tyres are also having an impact.

“While the slowdown in the automobile sector has impacted the OE business, cheap imports and large scale dumping of tyres from China has created havoc with the replacement segment, forcing the tyre industry to go for production cuts,” said R P Singhania, who is chairman of both JK Tyres and the ATMA. All major Indian and multinational tyre companies, including Apollo, Birla, Bridgestone, Ceat, Goodyear, JK Tyres and MRF, are proceeding with production cuts of varying intensity in view of slowing demand.

19th December 2008/by Tyrepress Editors

Kumho Tires Appoints New Sales & Marketing President

South Korea’s Kumho Tires has appointed Byung Choo Kim to the newly created position of president of Sales and Marketing. BC Kim, a BSc graduate from Sopang University, commenced his career at Daewoo Industrial in 1978. A variety of international roles for the Daewoo Corporation then followed before he joined Kumho as head of its China Office in January 2007.

19th December 2008/by Tyrepress Editors

Dubai Tyre Trade Worth £729 million

Dubai’s direct tyre trade (both commercial and passenger car products) amounted to 4.15 billion UAE dirhams (£729 million, 773 million euros, US$1.13 billion) in 2007, according to the Gulf Daily News. Further growth is expected next year, the paper reported.

“Commercial tyres worth 1.1 billion (175 million, 186 million euros) dirhams for buses and lorries were imported to Dubai last year, mainly from Japan, China, and India,” said Automechanika Middle East senior show manager Michael Dehn, adding: “…Dubai consumes almost 64 per cent, re-exporting 36pc to Iran, Iraq, Saudi Arabia, and Africa. The commercial vehicle market is an essential industry in the UAE and an increase of 35 per cent is expected from this year to 2012.”

18th December 2008/by Tyrepress Editors

Japanese Tyre Production to Fall 5%

Reuters reports published online today suggest that Japanese production is to fall 5 per cent in 2009. The story cites a Japan Automobile Tyre Manufacturers Association forecast that in terms of rubber usage tyre manufacturing would take a considerable hit in the following year.

Despite Japan’s status as the world’s third biggest rubber consumer (following China and the USA), tyre output may fall to 1.28 million tonnes, representing a year-on-year decrease of 5 per cent from 1.35 million in 2008 according to JATMA. Domestic auto sales are likely to drop 7 per cent with expected sales of 4.7 million vehicles next year.

17th December 2008/by Tyrepress Editors

Strong Retreading Potential in Chinese Tyre Market

Enormous domestic tyre production capacity, a scarcity of domestic rubber supply and increased output prices could be pointing to strong opportunities in China’s tyre retreading business. Zhou Linyan, president of China Tyre Retreading, Repairing and Recycling Association (CTRA), recently told reporters that China produced 556 million tyres in 2007. And while many of these are destined for export markets, Chinese motorists are expected to discard 200 million end-of-life tyres in 2010.

Other CTRA statistics show that the number of end-of-life (ELT) tyres generated by the People’s Republic have sky-rocketed in recent years – from 32 million in 2000 to 150 million in 2007. Meanwhile, the raw weight of ELTs increased from 12 thousand tons to 3.1 million tons in the same period. While the association predicts China will generate 200 million waste tyres by 2010, the amount of retreading taking place has not yet caught up with the growth in new tyre production and the new tyre to retread rate lies somewhere between 4 and 7 per cent of recovered tyres.

16th December 2008/by Tyrepress Editors

Shanghai Baolong Offers Non-Lead Wheel Balancing Weights

International News, News, Product News

Shanghai Baolong Automotive Corporation is one of the leading manufacturers of non-lead balancing weights in China. It boasts certificated products and names Chinese Ford, Nissan and Volkswagen branches among its customers.

Established in 1998, Shanghai Baolong is a leading manufacturer of wheel balancing weights for automobiles in China. It specializes in producing all types of wheel balance weights, especially non-lead wheel balance weights. The company uses the zinc and steel blend that is more environmentally-friendly and complies with European and U.S. directives. They are designed and produced for vehicles with either steel or alloy wheels, with the same functionality, appearance, and fit characteristics as conventional wheel weights.

16th December 2008/by Tyrepress Editors

Chinese Government Regulates Retreading

In 2008 the Chinese government launched a series of new industrial tyre retreading standards in a bid ot improve the sector’s reputation. The government hopes that the new regulations will open the floodgates for enterprises to make the most of the retreading opportunities available to them. China introduced two national mandatory standards Truck Retread (GB9037 – 2007) and Passenger Car Retread (GB14646 – 2007) on 1 April 2008. Two more state standards of Reclaimed Rubber (GB/T13460 – 2008) and Sulfurated Rubber Powder (GB/T19208 – 2008) were implemented on 1 October 2008.

11th December 2008/by Tyrepress Editors

Pirelli Voted ‘Tyre Manufacturer of Year’ in Chinese Awards

On December 4, one of the most influential automotive industry awards in China was announced in Beijing. Known as the “China Auto Service Golden Finger Awards”, the awards are jointly held by Auto Driving & Service Magazine (one of the authoritative auto magazine in China) and Sohu Auto Channel. Since its inception it has developed to become one of the most influential and well-known annual lists in auto service industry.

10th December 2008/by Tyrepress Editors

China to Generate 200 million End-of-Life Tyres by 2010

China Tyre Retreading, Repairing and Recycling Association statistics show that the number of end-of-life (ELT) tyres discarded in the People’s Republic grew from 32 million in 2000 to 150 million in 2007, while the raw weight of ELTs increased from 12 thousand tons to 3.1 million tons. The association predicts China will generate 200 million waste tyres by 2010, however with the new tyre to retread rate in recent years staying between 4 and 7 per cent it is difficult to say how many of these will be retreaded.

10th December 2008/by Tyrepress Editors

Tyrepac Unveils First Phase of Asia-Wide Online Tyre Portal

With the help of the Singapore Government’s Standards, Productivity and Innovation Board, Singapore based company Tyrepac is developing what it says is Asia’s first online tyre retailing site. The company’s first website, for the Singapore market, is already up and running, and the company states that websites for China, Malaysia, Thailand, Korea and Hong Kong will be live in late March 2009. Plans are also underway to expand into India, Indonesia, Japan, the Philippines, Australia and New Zealand.

9th December 2008/by Tyrepress Editors

Bridgestone Opens Synthetic Rubber Plant in China

On December 8 Bridgestone (Huizhou) Synthetic Rubber Co., Ltd. (BSRC), a wholly-owned subsidiary of Bridgestone Corporation, officially opened a facility dedicated to the production of synthetic rubber in China. The new plant, located in Huizhou, Guangdong Province, produces styrene-butadiene rubber (SBR) and has a projected production capacity of approximately 50,000 tons.

According to a publication produced by the Japan Automobile Tyre Manufacturers Association (JATMA), synthetic rubber generally accounts for approximately 20 per cent of a tyre’s overall weight. The SBR produced at the new facility will mainly be used for the part of the tread in contact with the road, and has characteristics that contribute to ensuring vehicle stability when travelling at high speeds without reducing rubber strength.

9th December 2008/by Tyrepress Editors

Record Exhibitor Numbers Anticipated for Automechanika Shanghai

The world’s second largest Automechanika show opens in China on December 10 at the Shanghai New International Expo Center. During the three exhibition days a record number of exhibitors are expected to showcase their products in the centre’s eight halls, an 80 per cent increase in exhibition space compared with 2007. Visitor numbers are also expected to exceed last year’s figure.

8th December 2008/by Tyrepress Editors

India Restricting the Importation of Truck/Bus Radials

Imported bus and truck radial tyres have been categorised as a restricted item by India’s Director General of Foreign Trade (DGFT). News of this action was given in a DGFT notification dated November 24, 2008. Items restricted by the DGFT generally can only be imported into India via the obtaining of an appropriate license.

8th December 2008/by Tyrepress Editors

China Exported 140 Million Tyres in 2007 – Report

A newly released report into China’s tyre industry – states that the country, the world’s largest tyre producer since 2004, manufactured a total of 330 million tyres in 2007; of this number, 70 per cent were radials. Some 40 to 45 per cent of total output is exported, with 140 million units leaving China in 2007.

5th December 2008/by Tyrepress Editors

Lanxess, Tokyo Zairyo Form Chinese Sales Alliance

Special chemicals group Lanxess AG has announced the formation of an alliance with Japan-based Tokyo Zairyo to sell rubber chemicals to Japanese companies engaged in the industrial rubber product sector within China. This cooperative agreement took effect on December 1, and the German company expects that the partnership will also help its sales in Japan and other Asian countries.

5th December 2008/by Tyrepress Editors