ITMA has announced that China’s Shengtai Group has become the association’s latest member.
Established in 2002 and located in Xishui, Shandong, the company produces a wide range of tyre products and brands including the ‘Rapid’ brand. As a member of ITMA, Shengtai will receive regular updates on the legislative and technical issues which affect the sale of tyres within Europe.
Recently the China Rubber Industry Association (CRIA) gave word that trials of a new eco tyre specification (standard number XXZB/LT-102-2014) began in China on 1 March. Chemical manufacturer Lanxess, which is currently participating in the CRIA-hosted China Rubber Conference in Qingdao, has provided additional information on the specification: it says the Green Tire Technology Specification is based on the tyre label introduced in the European Union in November 2012.
Trials of a new specification standard for eco tyres began in China on 1 March, the China Rubber Industry Association (CRIA) reports. Standard number XXZB/LT-102-2014, which was originally proposed by the association, is the Chinese tyre industry’s first self-regulating green tyre standard and is based on the draft the CRIA opened for industry comment between 27 December and 20 January.
The China Rubber Industry Association reports that its ‘green tyre specifications’ document is currently open for input from the industry before its official launch during the first quarter of this year. The document was opened for comments on 27 December and will remain so until 20 January. According to the CRIA, the document defines what a green tyre is and sets out parameters to be used in a Chinese tyre label.
According to the China Rubber Industry Association, the 43 major tyre companies belonging to the association’s Tyre Branch increased their production by an average of two per cent in 2012, producing a total of 325.5 million tyres, 287 million of which were radials. Sales revenue for the 43 companies was RMB 205.6 billion (£21.9 billion), a 0.3 per cent year-on-year increase.
Chinese tyre manufacturers are reportedly boosting their efforts to develop closer links with European markets after a recent meeting between the China Rubber Industry Association (CRIA) and Europe’s Imported Tyre Manufacturers’ Association (ITMA). The first of several planned meetings between the two organisations was held at the request of CRIA who are investigating opportunities on behalf of their 1,200 members about how they can deepen their engagement within Europe.
The China Rubber Industry Association says Michelin is assisting it in formulating the provisions of a new tyre label for China. A news release on the CRIA’s Chinese language website reports the French tyre maker is contributing its experience of European labeling to the project.
The total profits of seven Chinese tyre makers fell in the first half of 2011 compared to a year ago, despite higher revenues. The seven tyre makers included Double Coin Holdings, Aeolus, Qingdao Double Star and ST Yellow Sea. Yellow Sea was reportedly the only one of the seven to report a overall loss, according to news reports.
Analysts believe that China’s tyre industry will face a severe test in the second half of this year. According to the China Rubber Industry Association (CRIA) statistics, in the first six months of 2011 member companies’ tyre production totalled 128 million units, of which 107 million were radial tyres. This represents year-on-year growth of 1.6 […]
In 2009 the Russian market for various types of vehicle tyres (including industrial equipment, tractors and combined harvesters) totalled 33 million units, down a reported 36 per cent. According to a report published in the CRIA published magazine, China Rubber, the 2008 figure was 51.4 million. The fall in value of these tyres was even steeper, down 40 per cent at 95.14 billion rubles (2008: 157.7 billion rubles). According to the research, the main reason for the market decline is directly related to the economic crisis and its knock-on effects on the entire Russian vehicle transport sector.
Total Chinese tyre production will reach 3 billion units annually in the next five years, according to China Rubber Industry Association (CRIA) figures. Of these 70 per cent are expected to be radial tyres, with radialisation set to spread to the construction field. The huge production figures will also be predominantly made up of tubeless truck and bus and high-speed passenger car radials, according to the association. As far as machinery is concerned 11 out of the world’s top 12 tyre producers use Chinese-made rubber machinery in their production, according to CRIA chairman, Ju Hongzhen.
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