Shandong, China tyre production picks up
First half 2022 data released by several Shandong Province institutions shows that manufacturing output within China’s best-known province for tyre production is picking up.
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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Aeolus relocates former Double Happiness tyre factory
AeolusProgress has been made in the relocation of Aeolus’s Qingxu County, Taiyuan City, China tyre factory. Specifically, the Qingxu county government has already determined the factory’s new address. A few days ago, the relevant departments invited a design team to inspect the factory’s new location and discuss the relocation project’s design plan. At present, the design unit is preparing a feasibility proposal.
Smithers expands tyre testing capabilities
With the addition of a new high-and low-temperature rolling resistance testing machine at its tyre and wheel testing laboratory in Suzhou, China, testing, consulting, information and compliance services firm Smithers is equipped to conduct rolling resistance testing on PCR, LT and light-duty TBR tyres at ambient temperatures between 40°C to 40°C (-40°F to 104°F). The new machine will be fully operational and begin running client data this month.
Xingda published first ever sustainability report by a Chinese steel cord maker
On 28 July, Xingda, which specialises in rubber reinforcement such tyre cord, officially released its 2021 sustainability report with a special event at its headquarters. According to the company, it is the first sustainability report released by Xingda, also the first by any Chinese steel cord or bead wire maker.
‘Born for the electric age’ – Prinx debuts latest products
When Prinx Chengshan presented its flagship Prinx tyre brand at The Tire Cologne in May, talk was of its introduction in European markets later in 2022. The tyre maker also displayed a pair of Prinx tyres scheduled for launch in China ahead of the brand’s arrival here. These tyres have now hit the market in the People’s Republic and signal the brand’s repositioning as a range “born for the electric age.” Prinx Chengshan will show them off the China International Tire & Wheel Fair in Qingdao this week.
Guizhou Tyre expands industrial tyres’ production
Guizhou TyreGuizhou Tyre (also known as Advance Tyre) is preparing to launch an industrial tyre manufacturing expansion project with an annual output of 300,000 a year. The total investment in this project is about 24 million yuan (£2.926 million; 3.486 million euros; US$3.588 million). The expansion project does not involve the acquisition of new land.
Pakistan-China joint venture tyre plant in operation
Chaoyang Long MarchThe first phase of the China-Pakistan joint all-steel radial tyre plant, Service Long March (SLM), has been officially put into production, with an annual output of 740,000 sets of all-steel radial tyres.
Bridgestone pulls out of several China projects
BridgestoneSeveral Bridgestone-related companies in China have changed their industrial and commercial registration information recently. Indeed, the changes suggest Bridgestone has pulled out of several non-tyre projects in the People’s Republic
Fighting unfair trade: South Africa’s SATMC defends tariff application
South Africa is currently contemplating anti-dumping tariffs for tyres imported from China, and an investigation is currently in its preliminary phase. A healthy head of steam has already built up on both sides of the argument, with the recent debate including a claim from the Tyre Importers Association of South Africa (TIASA) that the tariffs will simply result in Chinese imports being substituted for tyres from Europe or Japan. The South African Tyre Manufacturers Conference (SATMC) has issued a statement countering assertions such as this.
China’s tyre production grows in June
Although Chinese factories produced significantly fewer tyres in the first half of 2022 than in the same period last year, monthly figures released by the country’s National Bureau of Statistics show a return to year-on-year growth in June. A total of 76.98 million tyres were manufactured within China last month, a 1.2 per cent year-on-year increase and 6.75 million more than were produced in May 2022.
South Africa considering import duties for Chinese tyres
South Africa’s International Trade Administration Commission (ITAC) announced in January that it would look at allegations of dumping levelled against importers of tyres from China. This investigation is still ongoing, but opponents warn that if authorities decide to apply duties to these products, the cost of tyres could increase by up to 41 per cent, with price rises for transportation and essential products a knock-on effect.
Sailun Dongjiakou factory construction underway
Screenshot from local media coverageOn 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.
Brembo and Gold Phoenix invest 35 million euros in aftermarket brake joint venture
Mike’s Photography; PixabayBrembo and Chinese brake manufacturer Gold Phoenix have signed a 50:50 Joint Venture agreement to create Shandong BRGP Friction Technology Co. Ltd, the first large scale Brembo manufacturing facility fully dedicated to producing aftermarket brake pads. Brembo and Gold Phoenix have agreed to invest 35 million euros in the project over the next three years. Shandong BRGP Friction Technology Co., Ltd is expected to start operations in early 2023 in Jinan, the capital of Shandong province in Eastern China.
Worker dies at Hankook’s Jiangsu, China tyre factory
Huai’an Economic & Technological Development Zone AdministrationAt 22:20 on April 7, a mechanical injury occurred within the Banbury workshop on the west side of Hankook’s Jiangsu, China plant, causing the death of the operator of a Banbury machine. Recently, the government department where the factory is located released an investigation report on the incident.
Aeolus and Doublestar both report sharp declines in net profit
DoublestarAeolus and Doublestar recently reported operating results for the first half of 2022. Both show sharp declines in net profits for the two companies that have controlling interests in global tyremakers Prometeon and Kumho respectively.
