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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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Yokohama supplying Macau Grand Prix again

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The Yokohama Rubber Co., Ltd. is once again supplying specialist racing tyres to the Macau Grand Prix. The 64th Macau Grand Prix to be held in Macau (China) 16-19 November 2017. Yokohama Rubber supplied tyres for this event for 33 straight years until 2015. This year marks the 34th time the Company will support the Macau Grand Prix. Yokohama tyres will be the control tyre for the event’s main race, the FIA F3 World Cup, and for the FIA World Touring Car Championship (WTCC) race. In addition, they will be the tyre of choice for many cars competing in the event’s support races.

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Related news:

  1. Thrills and spills in Macau
  2. Yokohama is Macau Grand Prix tyre supplier for 32nd consecutive year
  3. Yokohama says 2011 motorsport season “one of most successful”
  4. Advan V105 – Super-sport meets luxury
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Aeolus continues to rise in Chinese tyre market

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With one industry insider calling ChemChina’s acquisition of Pirelli “a genius move”, it would have been remiss of us not to take the opportunity to spend time with new Aeolus general manager Giovanni Pomati and find out more about how the changes affect the best-known ChemChina brand (Aeolus) and the company’s views on the latest changes in the Chinese marketplace during Tyres & Accessories recent visit to China.

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Related news:

  1. Pirelli truck tyres separating and merging with Aeolus/ChemChina
  2. Who is ChemChina?
  3. ChemChina proudly showing Pirelli connection
  4. Wang Feng resigns as Aeolus Tyre chairman
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Kenda buys Starco

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Taiwan-based tyre manufacturer Kenda has purchased Starco Europe. Announced on 2 October, the move is described by Kenda as “a good cultural, organizational and strategic fit” for which both companies see “significant long-term opportunities”. Kenda has been a Starco supplier since 1982. Over the last 12 months a series of meetings determined a clear willingness from both Kenda and Starco to take the partnership to another level. Starco does not plan any organizational changes or redundancies related to the acquisition.

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Related news:

  1. Pirelli truck tyres separating and merging with Aeolus/ChemChina
  2. Trelleborg finalises acquisition of Mitas manufacturer, CGS Holding
  3. Western Europe launch – development of Starco’s solid forklift tyre ranges continues
  4. Doublestar the only bidder left to buy Kumho
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Apollo Tyres ‘has no intention’ of entering Kumho acquisition race

Apollo Tyres has denied reports published in India’s Economic Times suggesting that it is about to enter the race to acquire Kumho Tire. An Apollo spokesperson told Tyres & Accessories: “Apollo Tyres strongly denies the story headlined ‘Apollo Back in Kumho Race as Geopolitics Sours China Deal’ that appeared in the print edition of The Economic Times on 2 October, 2017.

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Related news:

  1. Reports: Doublestar/Kumho acquisition close to collapse
  2. Doublestar back in pole-position for Kumho purchase
  3. Doublestar the only bidder left to buy Kumho
  4. Kumho takeover implosion isn’t the end of market consolidation attempts
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India introduces Chinese anti-dumping tariffs

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India’s Ministry of Finance has imposed an anti-dumping duty on truck and bus radial (TBR) tyres imported from China. The duty ranges from $245.35 – $452.33 per ton, according to a notification from the Central Board Excise and Customs (CBEC), and has been applied to “new pneumatic radial tyres with or without tubes and/or flap of rubber (including tubeless tyres) having nominal rim diameter code above 16 (inch)”.

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Related news:

  1. Chinese officials welcome US duty decision
  2. EU begins registering Chinese truck tyre imports
  3. EU publishes definitive anti-subsidy and updated anti-dumping rates
  4. India considering anti-dumping duties for Chinese truck tyres
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Inaugural Tire+ opens in Shanghai

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The inaugural Tire+ exhibition made its debut in Shanghai today. Beginning with an opening parade of the CEOs of the top 12 Chinese tyre manufacturers, which was covered by national broadcaster CCTV, organisers CURC have taken steps to reflect the Chinese tyre industry’s increasing focus on quality. It also means large and professional stands from many of the biggest firms in the business including: ZC Rubber, Linglong, Sailun Jinyu, Doublestar, Triangle, Double Coin, Aeolus, Prinx Chengshan and Guizhou/Advance Tyre – to name just a few. This is all supplemented by an impressive number of forum discussions and four halls of tyre and rubber manufacturing stands in the RubberTech exhibition next door.

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Related news:

  1. Tire+ partnering with CRIA for inaugural 2017 event
  2. Reifen China 2015 ready to go
  3. CURC launches Tire+, moves RubberTech to September in 2017
  4. The Chinese tyre industry wants to move from biggest to best
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CITExpo celebrates 15th anniversary with record-breaking attendance in Shanghai

The 15th China International Tire Expo (CITExpo) reports that 14,000 professional visitors came from 120 countries in search of business opportunities in China. There were some 6800 overseas visitors as well as 7200 domestic visitors and 40,000 square metres exhibition space.

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Related news:

  1. Citexpo Attendance Over 10% Higher Than 2007 Show
  2. CITExpo 2015 to bid farewell to Everbright with largest edition projected
  3. CITExpo bids farewell to Everbright in 13th edition, previews move to modern facility
  4. ‘A good move’ – Exhibitors & visitors positive about new CITExpo venue
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Reports: Doublestar/Kumho acquisition close to collapse

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Doublestar’s proposed acquisition of Kumho is reportedly close to collapse after the Qingdao-Chinese tyre manufacturer asked for a double-digit discount. According to reports in the Nikkei, Kumho’s major shareholders are planning to write to Doublestar asking the firm to agree to the end of bid talks between the two parties.

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Related news:

  1. Apollo Tyres ‘has no intention’ of entering Kumho acquisition race
  2. Doublestar back in pole-position for Kumho purchase
  3. Doublestar the only bidder left to buy Kumho
  4. Kumho takeover implosion isn’t the end of market consolidation attempts
/by

China starts anti-dumping probe into EU rubber imports

At the end of August China’s Ministry of Commerce began a year-long anti-dumping investigations into imported hydrogenated butyl rubber from the European Union, the United Sates and Singapore.

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Related news:

  1. CRIA: Chinese tyre market will be ‘tested’ in 2H 2011
  2. Anti-dumping – EC to investigate Chinese tyre imports to Europe
  3. Chinese Manufacturers Prepare to Fight USW Trade Case
  4. ChemChina to focus on “scientific development”
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Smithers runs Chinese tyre industry training

Rubber, plastics and composites testing specialist Smithers Rapra recently ran training at the Tire Technology Training Course, which was organized by The Rubber Institute of Chemical Industry and Engineering Society of China along with the Beijing University of Chemical Technology.

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Related news:

  1. Smithers holds tyre symposium in China
  2. Smithers Rapra upgrades mixing technology in Akron
  3. Smithers opening new test lab in China
  4. Global TBR market to reach $152.4 billion by 2027
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How do you get anything done in China?

“I just don’t get China!”, “As a foreigner, how do you get anything done in that country?”, “How can you trust the Chinese?” Having worked with China for nearly two decades now, I get many of these questions from friends and colleagues. They realise the need to do business with China and are having some trouble navigating the choppy waters. So here are some of my thoughts – in the hope I don’t offend any of my Chinese friends!

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Related news:

  1. Triangle Tyre celebrates 40th anniversary
  2. Doublestar forms European joint venture with Zenises
  3. Sameer Importing Chinese Tyres to Meet Local Demand
  4. New Mercedes-Geely JV is good for both, GlobalData
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ChemChina signs Industry 4.0 MOU with Fraunhofer

On August 1, 2017 China National Chemical Equipment (CNCE; also known as ChemChian) and Fraunhofer Institute for Manufacturing Engineering and Automation (Fraunhofer) under Fraunhofer-Gesellschaft signed a strategic cooperation memorandum of understanding (MOU) in Munich. According to the MOU, the two sides will cooperate with each other in the fields of new chemical materials, intelligent manufacturing, automation and information technology.

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Related news:

  1. ChemChina to focus on “scientific development”
  2. Romanian Graduates More Motivated than German Counterparts
  3. Hankook to bring Korea R&D activities under one roof
  4. Kumho opens new R&D headquarters
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Emissions inspections push Chinese tyremakers to the brink

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With a headline like that, you could be forgiven for thinking that this month’s column refers to the ongoing geopolitical sabre rattling taking place between China’s North Korean neighbours and the USA. However, as important as the hint of nuclear escalation is, here we focus on how the overheating Chinese tyre market is as close as it has ever been to boiling over. Two key subjects have raised the temperature in the People’s Republic during the last month or so: The European Commission’s (EC) decision to initiate an anti-dumping investigation against Chinese-produced truck and bus tyres; and the even more imminent effects of local environmental emissions investigations within China itself, which have led to the suspension and even closure of numerous businesses in the country (see below).

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

  1. Tyre production in China – where are the ‘tier one’ manufacturers?
  2. Bucking the trend: how UK retreaders like Bandvulc are navigating market storms
  3. Aeolus continues to rise in Chinese tyre market
  4. Chinese Manufacturers Focus on OTR Tyres
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Stamford Tyres establishes subsidiary in China

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Stamford Tyres (Hong Kong) Ltd., a subsidiary of Singapore-based Stamford Tyres Corporation Limited, has set up a wholly-owned subsidiary in China. The new company, Stamford Tyres Dongguan Co Ltd., was set up with a registered capital of US$1 million and will principally engage in the wholesale and distribution of tyres, wheels and automotive accessories.

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Related news:

  1. Wholesaler Establishes Chinese Retail Business
  2. Tyrexpo Asia: Wholesalers Keep a Strong Presence
  3. Sumitomo After 1.8% Stake in Stamford Tyres
  4. Stamford Tyres reports full year 2011 earnings up 41.4 per cent
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