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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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Yongtai Group enters administration

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The Chinese Yongtai Group, which once ranked as the 32nd largest tyre manufacturer in the world and which used to produce World Rally Championship tyres for DMack as well as the well-known Durun budget brand, is bankrupt. Shandong Yongtai Group Co., Ltd. officially entered administration on 16 July 2018. On 4 August 2018 Shandong Dongying Intermediate People’s Court published documents showing that Guangrao County-based Caijin Asset Management Co., Ltd.’s application for Yongtai to enter administration had been accepted. The Beijing-based Dacheng (Jinan) law firm was appointed as the administrator of Yongtai Group.

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ZC Rubber using Dow-produced foam to make Mobike tyres

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Mobike, one of the world’s largest bike-sharing companies, is adding e-bikes to its fleet that use new foamed integrated tyre solutions. The tyres are a result of a partnership between Dow and Hangzhou Zhongce Rubber to develop a tyre solution based on mixing Dow’s Infuse Olefin Block Copolymer (OBC), Engage Polyolefin Elastomers and Nordel EPDM.

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  1. ZC Rubber’s Anji factory starts making tyres
  2. ZC Rubber supplies OE tyres to Linde (China)
  3. Linglong’s dandelion and polyurethane tyres on-show at Tire+
  4. Chinese tyre manufacturers aim to increase OE supply
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SEMA: Trump’s tariffs ‘misplaced’

The Specialty Equipment Market Association (SEMA) has voiced its disapproval of US President Trump’s aim to impose 25 per cent tariffs on a range of products imported from China; the US-based association, which represents the vehicle aftermarket, says it opposes these tariffs as well as the Trump administration’s tariffs on steel and aluminium and the threatened tariffs on imported cars and automotive parts – it considers them “as misplaced and having the potential to impose significant harm on US businesses and consumers.”

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Related news:

  1. Trump puts 25% import tariff on Chinese aircraft tyres
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  3. Do tariffs and trade wars work?
  4. Chinese officials welcome US duty decision
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Make tariffs great again

The tyre industry has seen its fair share of import tariffs in recent years. The largest scale of these, across the widest range of products, was initiated by the US against Chinese produced car tyres in 2009. That president has been and gone since then (as have further tariffs on car tyres and OTR tyres), but still tariffs are making a huge impact on the tyre industry in the USA and beyond.

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Related news:

  1. EU begins registering Chinese truck tyre imports
  2. NTDA: EC anti-subsidy decision ‘no great surprise’
  3. Do tariffs and trade wars work?
  4. Chinese truck tyres: EC says anti-dumping duties effective
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Pirelli acquires 49% in Chinese tyre plant to boost APAC ‘high value’ strategy

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Pirelli Hixih

With investment of 65 million euros, Pirelli is taking a 49 per cent share in a “technologically advanced” consumer tyre plant in China. Through this joint venture partnership with Hixih Rubber Industry Group, Pirelli says it will gain greater production flexibility in APAC, particularly within the high value segment. The new joint venture company has been named Jining Shenzhou Tyre Co.

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Related news:

  1. Pirelli completes high-end tyre JV
  2. Pirelli and Hixih move closer together
  3. Pirelli Extends China JV Relationship
  4. China recycling plant and joint venture: Enviro signs MoUs with Vanlead Group
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NTDA: EC anti-subsidy decision ‘no great surprise’

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Following decisions on the part of the European Commission (EC) to review its Chinese truck tyre anti-dumping tariffs and to decide against implementing anti-subsidy remedies against Chinese-produced tyres for the time being, the industry itself has been responding to the news. For its part, the UK’s National Tyre Distributors Association (NTDA) was not shocked by the news that the EC is not planning to implement anti-subsidy (otherwise known as counter-veiling duties) and highlighted difficulties associated with their implementation.

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If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

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  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
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Related news:

  1. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  2. EU begins registering Chinese truck tyre imports
  3. Anti-dumping – EC to investigate Chinese tyre imports to Europe
  4. Tariff fightback? What importers and associations are doing in response to European anti-Chinese truck tyre duties
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Bridgestone: Another patent infringement win in China

A further victory for Bridgestone Corporation in its battle against patent infringement was delivered by the Shanghai Intellectual Property Court, which ruled favourably in its lawsuit against Chinese tyre manufacturer Fangxing Rubber Co., Ltd. (Fangxing).

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Related news:

  1. Bridgestone wins patent infringement lawsuit against Wanli
  2. Another patent infringement suit win for Bridgestone in China
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  4. Zonecross – Bridgestone’s new truck tyre brand for China
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ChemChina names Sinochem boss as new chairman

Ren Jianxin has retired as chairman of ChemChina. His successor has been named as Ning Gaoning (Frank Ning), who concurrently serves as chairman of Chinese state-owned petrochemical and fertiliser company Sinochem. Ren’s replacement by the chairman of ChemChina’s rival is considered by many a precursor to a merger between the two firms, an arrangement that would create a group with annual turnover in excess of £100 billion.

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Related news:

  1. Ning confirmed as Pirelli chairman
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  3. Ning Gaoning tipped to become Pirelli’s new chairman
  4. Pirelli major shareholder Chemchina restructuring
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Linglong Tire progressing with recycling, pyrolysis projects

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Linglong Tire is examining tyre pyrolysis technology and its application to waste tyre recycling. The tyre maker shares that it organised a conference on the subject at its headquarters in Zhaoyuan, China on 24 July, an event attended by 13 academics and experts from Shanghai Jiao Tong University, Sichuan University, Zhejiang University and Beijing University of Technology.

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Related news:

  1. Linglong Tire commences cooperation with FAW
  2. Linglong starts partnership with SGMW
  3. Linglong Tire partners in China’s first 3D printed tyre project
  4. Safe-Run equipping Linglong’s Serbia tyre plant
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Chinese truck tyres: EC proposes revised anti-dumping duties

Thanks to an internal document sent to EU member states and national tyre trade associations, we now have a clearer idea about what form the European Commission’s final anti-dumping measures against Chinese truck and bus tyres may take. The Commission favours a system of fixed, per-tyre duties similar to the preliminary duties introduced in May; the silver lining for Chinese tyre makers is that it has recommended these duties be reduced.

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Related news:

  1. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  2. Anti-dumping – EC to investigate Chinese tyre imports to Europe
  3. Chinese truck/bus tyres: EU introducing anti-dumping duties tomorrow
  4. EU rejects claims Pirelli isn’t related to CNRC and Aeolus
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ZC Rubber marks 60 years, signs strategic cooperation

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At the global partner conference held at its headquarters in Hangzhou, China on 17 July, ZC Rubber celebrated its 60th anniversary together with more than 1,000 partners from around the world.

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Related news:

  1. ZC Rubber to build R&D centre for green tyre material with Ningbo Institute
  2. ZC Rubber, Bekaert sign strategic cooperation agreement
  3. Ge Guorong explains ZC Rubber’s online development at Brazil dealer meeting
  4. ZC Rubber celebrating 60th anniversary
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EC decides against tyre anti-subsidy measures – for now

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Recent published articles have led to uncertainty regarding duties upon new and retreaded bus and truck tyres originating in the People’s Republic of China. On 13 July, the European Commission announced its decision not to impose anti-subsidy measures during its ongoing investigation into these products. This decision reflects the Commission’s practice of not simultaneously imposing provisional anti-dumping and anti-subsidy measures prior to reaching a final decision on the matter.

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Related news:

  1. Anti-dumping – EC to investigate Chinese tyre imports to Europe
  2. NTDA: EC anti-subsidy decision ‘no great surprise’
  3. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  4. Chinese truck tyres: EC proposes revised anti-dumping duties
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Linglong lays foundation stone for fourth Chinese tyre factory

Shandong Linglong Tire Co. Ltd. has laid the foundation stone for its fourth Chinese factory. The event, held 6 July ran in parallel with Linglong Tire’s “global partners” conference.

The new plant is in addition to Linglong’s existing Zhaoyuan, Dezhou and Liuzhou factories. Linglong is building the fourth plant at a 223-acre site in the city of Jingmen in Hubei province.

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  4. Prinx Chengshan invests £19 million in purchasing land for new Thailand tyre factory
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ZC Rubber celebrating 60th anniversary

Next Tuesday, Zhongce Rubber Group Co., Ltd. (ZC Rubber) will celebrate its 60th anniversary – and has invited more than 1,000 of its partners around the world to its home city of Hangzhou, China to join in the festivities.

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Related news:

  1. ZC Rubber marks 60 years, signs strategic cooperation
  2. ZC Rubber to build R&D centre for green tyre material with Ningbo Institute
  3. Decennial shift in global PCLT tyre volume market share
  4. ZC Rubber expanding work with rubber recycling
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Doublestar acquisition of Kumho Tire completed

A ceremony was held on 6 July to mark to completion of Doublestar Tire’s acquisition of a 45 per cent share in Kumho Tire. The event in Seoul was titled ‘Celebrating New Beginning’ and was attended by the Chinese and South Korean tyre makers’ management teams as well as representatives from Korea Development Bank, which together with other creditors still maintains a 23 per cent share in Kumho Tire.

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Related news:

  1. Acquisition ugliness: Kumho Tire execs threaten mass resignation
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  4. Kumho Tire delisting as military supplier
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