Chongqing local government aims to boost its end-of-life tire programs. The city produced 8m end-of-life tires in 2014 and expects this to reach 10m in 2015. The weight of this is around 240,000 tonnes and if burned in power stations it could represent a saving in fuel costs of RMB 88m – 1000m annually. Source:
At the 2015 annual truck fest in Beijing, dealers, truckers and others were asked to vote on the best truck; best tire and other issues affecting their business. The most popular trucks were Volvo FH500 Volkswagen T6 series, Auman GTL Mercedes version Yutong Bus T7 series Asked about tires, the truckers said the most important factors were longevity and
Today’s tire industry is struggling with methods to securely identify a specific tire together with its size and history data. In the mix we have RFID chips, replaceable sensors, tire registration and a few other technologies. Under the radar, however there’s a different approach favoured by premium car makers. Laser-engraved QR codes Just before the
A fire broke out at Chaoyang Tires (Long March) in Chaoyang City, Liaoning Province. The fire is reported to have started around 13.20 local time on Sunday 24 Jan. It reportedly affected several enterprises in the immediate locality. No cause was given, and there is currently no information about damage to the plant or warehouses.
As part of its internationalization process, Shandong Linglong Tires has signed a cooperation deal with Beijing Jiaotong University. Beijing Jiaotong University, is said to be an important base for transportation, logistics, information, new energy and other industries of high-level personnel training. Linglong already cooperates with Tongji University, Jilin University, Tsinghua University, Qingdao University, Shandong University,
In a stock market filing, Double Coin said it expects to see 2015 operating income to be between 50% and 100% better than sales in 2014. Net profit attributable to shareholders is expected to be up by 80% to 120%. Source: Stock market disclosure
As reported in our 1 January issue, Double Coin announced on 24 December that it is restructuring. The company is to set up a new wholly owned subsidiary to handle its tire activities. The new name is Double Coin Tire Co., Ltd. There is speculation in China that this is a pre-cursor to a sale
In an exclusive article published in China Rubber, Aeolus chairman and prospective controller of the Pirelli brand outlines his view of how the tire industry should transform. He first reiterates many of the problems seen in the West: low price; low brand recognition prejudices against ‘Chinese’ tires, sales based mainly on price and so on.
A report on TireChina says the Shandong Weigel Group (山东威格尔集团 ) has signed an off-take deal with Apollo. We contacted Apollo Tyres in India, who said, “The deal mentioned by you, and the article link, has nothing to do with Apollo Tyres.” Website of Shandong Weigel
Shandong Governer Guo Shuqing (郭树清 ), declared regional ‘support’ for a series of industries including tires. This ‘support’ covers consolidation and restructuring to improve environmental responsibility, over-capacity and low-technology companies. Other industries targeted for similar ‘support’ include, “steel, coal, cement, nonferrous metals, ships, refining and other industries.” The statement was made at a regional meeting
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