Whether its raw materials, machinery, research and development or the latest manufacturing trends, this tag provides up-to-the-minute insights into the upstream part of the tyre industry.
The “Guidance Catalog for Industrial Structural Adjustment (2024 Edition)” issued by the Chinese authorities has a guiding role in how China’s tyre industry will develop in the next year. The new guidance document will be effective from February 1, 2024, covering three categories: encouragement, restriction, and elimination.
Witnessed by chairman and president Wang Feng, Linglong’s Jilin Factory has rolled out its first 27.00 R49 giant engineering radial tyre and hence Linglong can now produce larger volumes 49-inch tyres. The tyre manufacturer said that the 49-inch tyre product “further improves the OTR tyre product system and marks that its OTR tyre development has entered a period of rapid development”.
In less than two months, Prinx Chengshan has signed strategic cooperation agreements with two steel cord manufacturers, Xingda and Shougang Century. Jiang Xizhou, executive vice president of Prinx Chengshan, and Yin Nengbo, purchasing director, both attended the two signing ceremonies.
On 28 December 2023, the core workshop (BO 006PCR) of the semi-steel radial tyre production line of Linglong’s Serbian factory passed the trial operation acceptance. In other words, Linglong has taken another big step towards producing passenger car tyres at its Serbia factory.
ZC Rubber’s newly-built factory has held a ceremony for the first PCR to roll off the production line. The tyre manufacturer positions the new project as a “green 5G digital factory for high-performance radial tyres”. The factory will produce ZC Rubber’s high-end series products, including high-end flagship series, high-end new energy-specific tyres EV Pro, high-end OE products, high-end export products, as well as self-repairing tyres and silent cotton tyres.
The Chinese Ministry of Industry and Information Technology recently released its 2023 Green Manufacturing List, and Prinx Chengshan (Shandong) Tire Co. Ltd. was once again awarded the national-level “Green Factory” title. Prinx Chengshan was awarded the first batch of “National Green Factories” in China in 2017. The company reports that it has successively won the national “Green Supply Chain Management Enterprise” and “Industrial Product Green Design Demonstration Enterprise” titles and has participated in several national standards related to the intelligent manufacturing of green tyres in China.
Recently, Chinese tyre manufacturer ZC Rubber said it would adjust the product structure of its factory in Qiantang District, Hangzhou. The factory is a new 5G digital factory built by ZC Rubber.
Orion S.A. has celebrated the completion of its first greenfield project – a carbon black plant in eastern China that will supply fast-growing demand in Asia. The facility in the city of Huaibei in Anhui province will produce carbon black for a variety of applications, including rubber, polymers and fibres. The site’s two production lines have a total capacity of 70 kilotons per year.
On 11 November, Jiangsu General announced it will invest 880 million yuan (approximately £98 million; €113 million) in renovating the all-steel radial tyre production line at its Wuxi plant. The renovation cycle is 18 months. After completion, Jiangsu General will increase its annual production capacity of 6 million semi-steel radial tyres.
Recently, Wanli Tire stated that to meet market demand, it plans to carry out a third phase expansion project in the vacant land reserved by its Guangzhou factory. According to the plan, the construction of the expansion project will be divided into two phases, adding a production capacity of 12 million semi-steel radial tyres.
Repeated loss-making quarterly results paired with global cost-cutting and headcount-reduction efforts throughout 2023 mean Goodyear has, understandably, received more attention than usual. Most of this has come from our own research, in response to third-party action – such as Elliott’s now-infamous letter – and off the back of the aforementioned financial results. Since all of the above reasons for writing about Goodyear particularly impact Europe, in mid-October Tyres & Accessories visited the Goodyear EMEA headquarters in Brussels, Belgium, to hear more about exactly how executives are leading the business through its current tumultuous times. The group of executives Tyres & Accessories met with specifically included David Anckaert, Goodyear EMEA vice-president, consumer; and Troy Scully, vice president, communications and public affairs EMEA. Not only does such an opportunity give Goodyear the right-to-reply, it also provides additional insights into the company’s current “transformation” plans. Indeed, that is where our discussion began, with David Anckaert explaining what is meant by transformation in EMEA.
Toyo Tire Holdings of Europe has formed an industry-university partnership for the research and development of sustainable raw materials with the University of Novi Sad in Serbia. Toyo Tire corporate officer Kenta Kuribayashi and University of Novi Sad faculty dean Biljana Pajin signed the agreement on 3 November in Serbia’s second-largest city. Toyo Tire produces tyres in Serbia. The Japanese manufacturer said that it intends to promote technology development through this industry-university partnership and wishes to contribute to educational policies in Serbia.
Continental is celebrating winning NTDA Tyre Manufacturer of the Year Award 2023. The National Tyre Distributors Association 2023 Tyre Industry Awards were presented on 19th October at the Association’s 94th Annual Dinner, at the DoubleTree by Hilton, Milton Keynes, UK.
Recently, Linglong revealed the latest situation of its Serbian factory. It is reported that for the business needs of the Serbian company, Linglong recently added a credit guarantee of approximately 18 million euros to the subsidiary. As of 30 September 2023, the total assets of the Serbian factory were about 7.94 billion yuan (about £893 million; €1.026 billion).
From 20-21 October, Cambodian Deputy Prime Minister Sun Chanthol visited Guangdong Province to communicate with companies operating there. Tyrepress China noticed that Sun Chanthol visited tyre manufacturer Wanli during that process.
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ZC Rubber
Orion
Toyo Tires
Guangzhou Industrial Control