China’s economy has been in the doldrums for the last couple of years, since the government ended Covid restrictions. That has had a substantial negative effect on China’s domestic tire industry. Nevertheless, there are some signs of recovery in the tire industry and also in the wider economy. We tend to think of the tire
Last week, we published the November issue of our global tire industry newsletter, and distributed it to subscribers. This 36-page publication brings unique insights into: Forecasting prices of raw materials Triangle’s factory in the US – financial analysis Intelligent Tire meeting, including: Better tires mean more miles/unit TPMS improve inflation, extend life Predicting Tire-Road grip
We have just published the October issue of our global tire industry newsletter, and distributed it to subscribers. This 35-page publication brings unique insights into: Impact of environmental inspections on China’s carbon black industry Our (updated) analysis of Michelin’s acquisition of Lehigh Technologies Sailun’s strategy to raise its brand-value in Europe SRI’s roadmap for smart
This is the September summary of our analysis of China’s tire industry. We publish a weekly report on the tire industry in China. It is the only source of information in the English language for those who want to keep up-to-date with commercial, legislative, policy and recycling developments in the tire industry in China. Since
China’s tire industry is in melt-down. The question now is, how long can the current situation last? I’ve just come back from Shandong Province and the mood is not good. When things are not going well, Chinese people will rarely tell you the real situation. When they tell you things are bad, you know the
Sumitomo rubber has officially opened its new agricultural tire factory at Amata City Industrial Estate, Rayong Province. This is the firm’s first factory outside Japan for agricultural tires. The rise in global food demand has pushed the requirement of agricultural equipment tires in Thailand. Approximately 13 billion yen has been invested in the new 130000
Evonik has expanded its precipitated silica production to Rayong, Thailand. The company said the investment will increase the company’s responsiveness to changing market conditions. With this new plant, Evonik reaches a global capacity of 500,000 metric tons per annum of precipitated, fumed silica, and matting agents. Press release from Evonik
The huge Kemya Elastomers project being built in Jubail, Saudi Arabia is on target to come on stream in mid-2015, according to Abdullah S. Al-Rabeeah, Executive Vice President, Performance Chemicals at SABIC. SABIC is one of the two 50-50 joint venture partners building the project. The other is Exxon Chemical Arabia. That is a wholly-owned
Tire manufacturing in Europe is going through something of a crisis. In January Goodyear announced the closure of its factory in Amiens-North. Last month Bridgestone announced the closure of its factory in Bari, Italy. None of this has provoked much debate Rumours that Michelin will reduce its output, however have triggered a string of comment
R&D staff at tire makers around the world are over-loaded. This was one of the messages coming out of the Tire Technology event held this week in Cologne. The pressure of work from new product launches; labelling requirements and re-formulating is restricting tire makers’ ability to work with suppliers on new developments. If suppliers want
A weekly newsletter of developments in the China tire industry including news reports and David Shaw’s expert commentary and analysis.
Monthly English & Chinese language newsletter bringing together global news stories covering retail, strategy, sustainability and legislative issues.