The heart of Shandong province – the area around Qingdao, Weifang and Yantai – has traditionally focussed on the three black industries: tire manufacture, machinery castings and machining graphite for electrodes. On a press trip, journalists were taken to see some of these industries, including Geruida Tire (青岛 的 格锐达 轮 胎股份有限公司), in which Cooper
In 2015, China imported a total of 278,000 tons of butadiene, worth $21.6m, and 29,000 tons in December, down 10.5%. Exports for 2015 amounted to 2864 tonnes, but none in December. Source: Tire World
China National Chemical Corp (ChemChina) is to acquire Syngenta, one of the world’s leading agrochemical companies and global seed industry leader through public tender offer of US$ 43 billion. ChemChina is in the final stages of buying Pirelli and last month announced its intention to buy Berstorff parent, Kraussmaffei. Source: ChemChina press release
In a speech to over 2000 staff, Triangle Chairman Ding Yuhua (丁玉华) said that the company can only succeed in its global development by sticking unswervingly to its strategic path. He said the country and Triangle as a company has entered a new standard business environment of substantially lower economic growth, where success will be
New standards issued A series of new standards are relevant to the tire industry. In a list of 278 standards issued by the National Standards office, around two or three are relevant to the tire industry. 30 GB / T 9766.1-2015 Tire valve test methods – Part 1: Clamp-in tubeless valves test method
Although only a newcomer to the tire industry, Wanda Boto is seeking a higher international profile. The company is emphasising its qualiy credentials, claiming it has bought equipment from international suppliers, buys rubber from Malaysia and Thailand and sources carbon black and steelcord from well-known international suppliers. The company claims to be coping well with
Chinese newspapers are reporting on a trip by senior executives from the Yasheng Investment Group (亚圣集) to Shandong, to discuss tire moulds. Yasheng (sometimes translated as ‘Sage Group’ is a financial investment group with educational and cultural interests which seeks to promote Confucian values in business. The company owns and operates Tiansheng company, a large
Exports of tires from Dalian District amounted to 12.12m units, worth RMB3320m. Although the export volume increased by 11.3%, the average unit value fell by 0.7% to RMB274.3. In the second half, exports amounted to 6.81m units, compared with 5.3m units in the first half. However, the average value in H2 was RMB260.7, over 10%
Putian City in Fujian Province is home to GiTi Tire, among others. The city reported tire output in 2015 was 15.37m units, down by 15% on the figure of 18.1m units in 2014. In December, output was 1.14m units, down 34% on the November figure. Source: Tire World
China Tire dealer is offering a pictorial quiz to see how many of its readers can spot the correct logo from a choice of three subtly-altered versions. The quiz has particular significance in China where many logos are copied and used on fake products. Give it a try!
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