A magazine aimed at tuning and modification enthusiasts held a tire test in November 2015. Tagged as the Golden Wheel Award (中国金轮奖 ), the test covered handling, comfort and braking. Sumitomo’s Dunlop Enasave EC300 was named best eco-tire. Sumitomo’s Dunlop Grandtrek PT3 was named best SUV tire. Source: Car review via China Tire Dealer
Eating Yabakui in Chinese is an idiomatic way of saying one has been cheated, but cannot talk about it or seek redress. Chinese tire makers look at the US sanctions and the EU labeling laws and see these as damaging their operations, but there is no way to argue against them, or fight back. Zhang
Qilu Petrochemical, part of the Sinopec group, reportedly produced 325,500 tonnes of synhetic rubber in 2015. Its output of butadiene rubber hit a record 72,300 tonnes following a capacity expansion. Source: Qinrex
China Tire Dealer visited a tire factory and found it dirty, smelly and hot. The work was hard, unrelenting and badly paid. The review of the unidentified factory said that the workers typically stay at their posts for nine hours a day with no rest. Although the company often provides dormitories, the worker simply switch
Despite a down-turn in the domestic business, Zhejiang Haili New Materials Co., Ltd. said it had a successful year thanks to increased sales of tire cord to international companies. The company makes polyester for tire cords and other applications. Source: Stock market disclosure
Dongying City is setting up a committee to promote tire exports from companies based in Dongying and Guangrao County. The aim is to share technology and marketing advice to help local tire makers overcome trade barriers imposed by other countries. The committee seeks to reduce counterfeiting and provide technical and marketing information to local companies
Sentury Tire (Previously Qingdao Sentury and the Sentaida group) is seeking a site in the United States to build a car tire factory. The company has engaged former Nokian executive Rami Helminen to manage the project. Helminen was previously vice-president for car tires in Nokian and now has the position of Executive V-P at Sentury.
In a long interview with a local paper, the Chairman of Double Coin, Chu Zheng-yu (储征宇), outlines his approach to business and how that is balanced against his responsibilities as Communist Party Secretary. After a meeting with a senior Michelin executive, Mr Chu did not get a follow-up call, and learned that the Michelin exec
South China Rubber (Wanli) is to move its Panyu factory. The existing factory will cease production of car tires by 30 June 2016. Production of car tires will begin at the new factory from 1 April 2016, ramping up to full production by 31 December 2016. The move is the latest in a series of
A 16 December meeting of the Stock market regulators decided to suspend a similar IPO application from Linglong until mid-January.
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