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Sailun equips Vollers E-truck with EcoPoint3 tyres

In the landscape of modern fleet management, increasing demand within the local public transport and freight haulage sectors underscores the significance of electric propulsion. While the focus on electric vehicles extends beyond cars, the common challenge of optimising range persists across all vehicle types. This poses a pertinent question for operators of electric trucks: How to maximise range without resorting to simply installing larger batteries? The answer lies in a critical but sometimes overlooked component – tyres.

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Related news:

  1. ‘Smart & sustainable’ – Sailun debuts Atrezzo 4Seasons Pro
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  3. Bridgestone to supply tyres to Volta Trucks’ electric truck pilot fleet
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Car, truck & OTR tyres – Sailun to build plant in Indonesia

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Sailun Group has announced plans to set up a factory in Indonesia capable of producing 3 million semi-steel radial tyres, 600,000 all-steel radials and 37,000 tonnes of OTR tyres annually. The company intends to invest US$251.44 million in the project, including $204.29 million to build the plant in Demak, Central Java.

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Related news:

  1. Sailun evaluating car tyre production in Cambodia
  2. 9 million tyres a year – Sailun approves expanded plans for Cambodia factory
  3. Chinese tyre makers off-shoring in Southeast Asia
  4. Sailun enters JV for Mexico tyre plant
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Profits of listed Chinese tyre companies rise sharply

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A number of Chinese tyre manufacturers have stated that their net profits significantly increased year-on-year in 2023. Doublestar is one of the few tyre companies that was still losing money. Jiangsu General turned losses into profits. In terms of net profit alone, Sailun’s 3.1 billion yuan suggest the company gradually widened the gap between itself and Linglong. Currently, ZC Rubber has not officially disclosed its operating data for 2023. Therefore, it is not yet possible to judge who is in the leading position in terms of net profit between Sailun and ZC Rubber.

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Related news:

  1. The top 10 listed Chinese tyre companies 2022
  2. Sailun rising: China’s listed tyre companies ranked in 2022 Q3
  3. Chinese listed tyre companies release third-quarter results
  4. Doublestar suffers huge losses
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China Automotive award for Sailun EcoPoint3

China’s state broadcaster CCTV presented the fourth annual China Automotive Festival on 28 January. The event at Beijing National Stadium included an awards ceremony honouring the best from domestic and international manufacturers, and amongst the recipients was Sailun Group, which won the Jury’s Choice Award for its EcoPoint3 technology. Mrs Liu Yanhua, chairwoman of Sailun Group, accepted the award on behalf of the tyre maker.

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Related news:

  1. Work begins on Sailun JV test facility
  2. Sailun upgrading car & truck tyre production at acquired factory
  3. Sailun: New Supervisory Board chairman
  4. Sailun Group a Nokian Tyres offtake partner
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Sailun Group joins SBTi

Membership in the Justice League? Not quite, or not yet – but Sailun Group has joined several organisations and initiatives dedicated to doing good in recent times. The company confirms that it is now a member of the Science Based Targets initiative (SBTi). It also recently became the first Chinese tyre maker to join the United Nations Global Compact.

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Related news:

  1. SSE debut for new Sailun Group ticker symbol
  2. Work begins on Sailun JV test facility
  3. Sailun approves Cambodia TBR project
  4. SBTi validation for Goodyear targets
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Sailun Group anticipating 133% profit growth for 2023

Driven by recovery within the domestic tyre market and the declining impact of destocking measures internationally in the second half of the year, Sailun Group expects to achieve a net profit of RMB 3.1 billion (£341.1 million) for 2023. This figure represents a year-on-year increase of some 132.77 per cent. Improving capacity utilisation rate pushed production and sales volumes within the company’s consumer, commercial and specialty tyre segments to “record highs,” with the gross profit margin of these products “substantially” increasing year-on-year.

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Related news:

  1. Sailun: Record operating income in H1 2022
  2. Sailun Group net profit rises 62% in H1 2023
  3. Nokian Tyres increases sales, profits
  4. Prinx Chengshan: Increased sales, lower profit in H1 2022
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Sailun ups Cambodia expansion to 12 million tyres

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Following on from an October 2023 announcement that it will extend annual passenger and light commercial vehicle tyre capacity in Cambodia by 6 million pieces, Sailun Group has approved additional investment in its plant. It will invest a further RMB 773.69 million (£85.05 million) to expand the capacity expansion project from 6 million to 12 million tyres a year. In total, Sailun is investing RMB 2.25 billion (£247.33 million) in its Cart Tire Co. Ltd. project, which will result in a facility capable of making 21 million semi-steel radial tyres a year.

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Related news:

  1. 9 million tyres a year – Sailun approves expanded plans for Cambodia factory
  2. Sailun Group extends capacity expansion project
  3. Sailun approves Cambodia TBR project
  4. Up to 49” – Sailun upgrading OTR tyre production
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Sailun’s Vietnam plant begins rubber track production

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With additions made during the third phase of Sailun Group’s Vietnam factory project now operational, the plant has started manufacturing rubber tracks. Members of the Sailun management team recently invited partners and plant employees to a ceremony celebrating the inauguration of track production.

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Related news:

  1. Sailun boosting Vietnam production to meet demand in Europe & North America
  2. Football: Sailun a premium partner to VfL Osnabrück
  3. Giant tyre production begins at Sailun’s Vietnam factory
  4. Martin West leaves Maxam Tire International – Troy Kline named successor
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Sailun Group the first Chinese tyremaker to join UN Global Compact

Sailun Group officially began participation in the United Nations Global Compact (UNGC) as of 15 December 2023. According to the company, the move means the Sailun Group becomes the first Chinese tyre company to join UNGC, embarking on a journey with businesses of global impact to contribute to a sustainable future.

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Related news:

  1. Rebuilding Sailun: Multi-billion dollar plans for new tyre and materials factories analysed
  2. Sailun Dongying factory finds Covid-19, but deemed low risk
  3. Top 10 Chinese tyre industry events in 2022
  4. From Guangrao to the World: what’s new at the Guangrao tyre exhibition
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Mexico plant a “strategic expansion” for Sailun

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Sailun Group has confirmed plans to build a joint venture factory in Mexico. In a statement, Sailun Tire Americas describes the decision to establish the plant as a “strategic move” aimed at enhancing Sailun’s production capabilities and streamlining the supply chain to provide customers with “even better service and more efficient delivery of our products.” It further calls this “strategic expansion” a “significant milestone in the company’s commitment to innovation, efficiency, and global growth.”

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Related news:

  1. Michelin breaks ground on Mexico tyre plant
  2. Sailun approves Cambodia TBR project
  3. Sailun enters JV for Mexico tyre plant
  4. Sailun’s new truck tyre plant enters service
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Sailun enters JV for Mexico tyre plant

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Sailun Group is partnering to build a new factory in Mexico. Through its wholly owned subsidiary Sailun International Holding (Singapore) Pte. Ltd., the Chinese firm signed a joint venture agreement with TD International Holding and Sapide CV (TD Mexico) on 15 December. The partners will build a facility capable of producing 6 million semi-steel radial tyres annually and are also considering the future establishment of capacity to produce 1.65 million all-steel radials a year.

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Related news:

  1. Cooper Tire and Sailun announce Vietnam TBR tyre joint venture
  2. Sailun Group a Nokian Tyres offtake partner
  3. Martin West leaves Maxam Tire International – Troy Kline named successor
  4. Sailun boosting Vietnam production to meet demand in Europe & North America
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Giant tyre production begins at Sailun’s Vietnam factory

Following the production of the first giant tyre in its plant in Vietnam on 18 November, Sailun Group says its factories outside China are now equipped to manufacture a full range of PCR, TBR and OTR products.

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Related news:

  1. Up to 49” – Sailun upgrading OTR tyre production
  2. Sailun to build all-steel, OTR tyre plant in Vietnam
  3. Sailun boosting Vietnam production to meet demand in Europe & North America
  4. ISCC PLUS certification for Kal Tire recycling plant
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7 tyre brands honoured at Asia Brand Summit 2023

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At the end of September, the list of Asia’s most influential brands of 2023 was published at the “Asia Brand Summit” in Hong Kong. A total of 500 brands from 20 countries and regions, were honoured at the 18th World Brand Lab summit themed “The Impact of New Technologies on Brand Transformation and Consumer Behavior.” Seven of them were tyre brands and all seven were ranked amongst the top 350 of the 500 honoured brands.

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  1. Shifts in leading tyre manufacturer rankings, 2015-2019
  2. 2022 Asian Tyre Brand rankings revealed
  3. 19 finalists chosen for 2015 AutoBild winter tyre test
  4. Giti enters the top 10 of leading tyre manufacturers
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Sailun Cambodia plant increases tyre production capacity by 6 million units

On 30 October, Sailun stated that it plans to invest 1.47 billion yuan (approximately £170 million; €190 million) to build a semi-steel radial tyre project in Cambodia with an annual output of 6 million units. According to the tyre manufacturer, as the competitiveness of tyre products at Cambodian factories has continued to improve in recent years, existing production capacity can no longer meet existing customer orders. It is reported that the newly added semi-steel radial tyre products will be mainly targeted at overseas markets such as North America.

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  1. Sailun’s Cambodia factory begins tyre production
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  3. Hangzhou Zhongce confirms Thai factory reports
  4. Rebuilding Sailun: Multi-billion dollar plans for new tyre and materials factories analysed
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Sailun’s revenue in the first three quarters was close to 20 billion yuan

On 18 October, Chinese tyre manufacturer Sailun announced its primary financial data for the first three quarters 2023. Data disclosed by the tyre company showed that revenue in the first nine months was close to 20 billion yuan, reaching 19.01 billion yuan (approximately £2.13 billion; €2.45 billion), a year-on-year increase of 13.72 per cent.

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Related news:

  1. New Sailun Vietnam tyre factory on line, employing 850
  2. Sailun raising prices in North America
  3. Sailun Group extends capacity expansion project
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