The European Commission (EC) has announced its intention to revise the European tire labelling scheme. The Commission published a roadmap on 11 July indicating the timescale for this. The final revision is expected to be published in early 2019, and most of 2018 will be spent thrashing out the details of the revisions. Although a
This is the End-October edition of our monthly China tire industry updates. It is based on content from our weekly China Tire Industry intelligence report. Following last month’s revelations about Triangle’s over-stated revenues, there is continued evidence of the same in the company’s Q3 results where Triangle revenues continue to decline while those of Linglong
On June 13th, Shandong Linglong Tires Ltd announced a preliminary notice of its initial public offering (share offering) on a Chinese stock exchange. The issuer’s stock is shortened as “Linglong tire”, stock code “601966”on the Shanghai Stock exchange. The company aims to issue 200m shares at RMB12.98 (USD1.97) each, raising a maximum of almost USD400m.
Following the successful launch of our weekly intelligence report on China’s tire industry we have decided to publish a monthly summary of the latest trends. By David Shaw Outlook improving We expect to see tire production volumes rise significantly in June and July. Orders beyond that period are uncertain. Last month we noted that some
Historically, the tire industry’s focus on sustainability has been driven by energy consumption and CO2 emissions. I know, because I just published a report on the whole subject of tire industry sustainability. Sustainability focussed on energy footprint It is drilled into tire engineers that around 80% of the total energy footprint of a tire depends
Bridgestone’s European Driveguard was launched today in France. It was marketed as a ‘Game Changer’ within the tire business. At first glance, the product is just another runflat tire, launched 2 years behind its US namesake. But there is a story behind the development, which marks a change of game not necessarily for the tire
At a meeting in Yancheng, China this week, over 100 tire industry experts assembled to discuss the programme for introducing consumer labels for Chinese tires. 2016 will be a voluntary preparation period. 2017 will see the first voluntary labels associated with tires by leading brands 2018 the government will publish lists to say which tires
Today’s announcement that Yokohama and Nippon Zeon have successfully made isoprene monomer from micro-organisms set me thinking about bio-tech in the rubber industry. I first reported on the use of micro-organisms to make isoprene back in 2008 when Goodyear announced its cooperation with Genencor. Genencor subsequently became part of DuPont. Since then, Goodyear has gone
This week, I want to alert you to something from under the radar: there are big changes going on in the retread sector around the world. It’s hard to get numbers on this, but I’m increasingly getting involved in conversations about the impact of imports of low-priced truck tires from China on the global retread
Downward. Natural rubber (NR) is in mid- to long-term structural over-capacity right now, and the situation is made worse by the short- to mid-term turmoil in China’s tire industry. I’m not saying anything new here. The trade has been awash with speculation about how far down the price of rubber can go for the last
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.
