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You are here: Home1 / China

Now one of the largest tyre-producing countries in the world, China has an indisputable influence on the direction of global tyre trade. The home of both fast-growing up-and-coming brands as well as a burgeoning domestic market, this tag chronicles China’s involvement with the tyre business.

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Xingda Shandong Phase II put into operation

International News
Xingda

On 17 March, Xingda Steel Tyre Cord held a ceremony celebrating the commencement of production at the second phase project of the company’s Shandong factory. Liu Tao and Hang Youming, deputy general managers of the steel tyre cord manufacturer, attended the event. In his speech, Liu Tao revealed that the Shandong factory’s second phase mainly serves tyre companies in Shandong Province and northern China.

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Related news:

  1. Xingda published first ever sustainability report by a Chinese steel cord maker
  2. Xingda investing £200 million expanding Thailand tyre cord factory
  3. Xingda signs “strategic cooperation agreement” with Continental
  4. £200m Xingda Thailand factory phase II confirmed
23rd March 2023/0 Comments/by Xuda Wang

ZC subsidiary invests in waste tyre treatment project

International News
Zhongce Qingquan

On 10 March, Hangzhou City, Zhejiang Province’s environmental protection department accepted the Environmental Impact Assessment (EIA) document of Zhongce Qingquan’s waste tyre treatment project. After completing this project, the subsidiary of ZC Rubber will be able to process 20,000 tons of waste tyres (crumb rubber) per year.

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Related news:

  1. Sustainability: ZC Rubber setting up tyre pyrolysis, recycling facilities
  2. Linglong Tire progressing with recycling, pyrolysis projects
  3. Tyre recycling: Linglong signs agreement with Cleantire
  4. Greenval Technologies investing 20 million euros in Spain pyrolysis tyre recycling plant
20th March 2023/0 Comments/by Chris

Next stop “Americas”: Linglong aiming for global production capacity top 5 by 2030

Company News, International News

Alongside an exclusive tour of Linglong Tire’s new European production base in Serbia, Tyres & Accessories sat down with chairman Wang Feng in a conversation that covered topics including the company’s plans for its latest factory in Serbia, the location of its next manufacturing investment and the fast-growing tyre manufacturer’s strategic goals.

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Related news:

  1. Linglong to build tyre factory in the Americas
  2. Georgia selected as location for $500 million Sentury Tire US factory
  3. Linglong investing in new Tongchuan City, China tyre factory
  4. $174 million investment: Nokian Tyres boosting USA production, warehousing
14th March 2023/by Chris

Prinx Chengshan: Intelligent manufacturing the basis of future success

International News
Chengshan

China-based tyre manufacturer Prinx Chengshan is in the process of expanding in the wider Asia-Pacific area, having revamped its four major brands Prinx, Chengshan, Austone and Fortune for 2023.

That revamp was achieved by “relying on the company’s national-level enterprise technology innovation centre and new energy collaborative research centre”, Prinx Chengshan reports, adding that it has “vigorously conducted cutting-edge tyre technology research, created an international standard new product matrix, and achieved fruitful results.”

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Related news:

  1. Prinx Chengshan invests £19 million in purchasing land for new Thailand tyre factory
  2. Firenza truck and car tyres on-show in Cologne
  3. US puts 10% import tariffs on all Chinese tyres
  4. China’s GS Tire raises Cambodia investment to $300 million
14th March 2023/by Chris

Sailun plans to launch OTR tyre project

International News, Product News
Sailun

On 2 March 2023 the Department of Industry and Information Technology of Shandong Province stated that it agreed to Zhucheng Yong’an Rubber Technology (Yong’an Rubber) to undergo a “capacity replacement” at its tyre production facility. The company in Zhucheng, Weifang, plans to dismantle the production capacity of 300,000 all-steel radial tyres and 5.46 million semi-steel radial tyres and launch a project with an annual output of 70,100 tons of OTR tyres. The Chinese government calls this behaviour “capacity replacement”, meaning that a company must withdraw its equivalent production capacity if it wants to build a new project. Tyrepress’ sister website, Tyrepress China notes that Yong’an Rubber had undergone bankruptcy and reorganisation in 2020-21, having been acquired by Sailun.

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Related news:

  1. Up to 49” – Sailun upgrading OTR tyre production
  2. Shandong Yinbao Tyre Group Spreads Its Wings
  3. Konstrukta Celebrates 15 Years in Tyre Machinery Manufacturing
  4. Sailun raising truck tyre capacity by 3 million units
8th March 2023/by Xuda Wang

Giti relocates Hefei tyre factory

International News
Anhui Giti

On 6 March, the authorities of Hefei City, Anhui Province, released reported that they they had reached a consensus with Giti headquarters on relocating the Hefei factory. The chairman of Giti Tire will go to Hefei soon to inspect the address of the new factory.

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Related news:

  1. Twice as much in half the time – Giti’s plan to penetrate European tyre market in five years
  2. Giti confirms Chongqing truck tyre plant closure
  3. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  4. Coronavirus’s impact on the tyre business
8th March 2023/by Xuda Wang

Zodo Tire acquires Kaixuan Rubber

International News
Zodo Tire

Zodo Tire recently acquired Kaixuan Rubber. An employee of Zodo Tire confirmed the acquisition to Tyrepress China but did not disclose the specific amount of the transaction.

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Related news:

  1. ChemChina’s latest Pirelli shares held indirectly
  2. Why Doublestar’s Kumho purchase is a good idea
  3. Cabot buys Chinese nanotube supplier for $115 million
  4. Cabot completes acquisition of Shenzhen Sanshun Nano New Materials
8th March 2023/by Xuda Wang

Xingda signs “strategic cooperation agreement” with Continental

International News
Xingda

Tyre cord manufacturer Xingda and Continental Group recently signed a strategic cooperation agreement at Xingda Steel Tyre Cord (Thailand) Co. Ltd. Details of what is involved in the agreement remain to be seen at this stage, but Xingda representatives report that the cooperation includes improving the supplier management services in Europe.

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Related news:

  1. Xingda tyre cord opens European office
  2. Xingda investing £200 million expanding Thailand tyre cord factory
  3. £200m Xingda Thailand factory phase II confirmed
  4. Thailand woos global tyre manufacturers
8th March 2023/by Chris

Sentury Tire dismisses CFO Xu Huashan

Career Tracks

Sentury Tire confirms that Xu Huashan no longer holds the positions of chief financial officer and director within the company. The decision to dismiss Ms Xu was taken during a meeting of Sentury’s Board of Directors on 20 February.

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Related news:

  1. Sentury launches Qirin EV
  2. Warren Rudman leaves Sentury Tire Spain project
  3. Sentury internationalising with US tyre factory investment
  4. Sentury Tire IPO approval ‘ensuring company’s advancement’ – Davanti
6th March 2023/by Stephen

China’s tyre recycling industry lags behind

International News, Retreading
Imthaz Ahamed; Unsplash

In recent years, authorities in many regions of China have put waste tyre recycling on their agenda. Recycling waste tyres is a reusable resource that aligns with China’s current green and sustainable development policy and can bring profits to tyre companies. Tyrepress China notes that ZC Rubber, Linglong, Doublestar and other tyre manufacturers have begun to lay out their plans in this industry. For example, in December 2022, Linglong Anhui Manufacturing Base announced that it was preparing to launch a project to recycle 30,000 tons of waste tyres annually and its feasibility study provides numerous insights into the development of the wider Chinese tyre recycling business.

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Related news:

  1. Chinese Retreading Market Presents World of Opportunity
  2. Linglong moves Anhui factory address
  3. Retreading important for conserving rubber resources, says Chinese association
  4. China sets minimum targets for retreaders and waste tyre processors
28th February 2023/by Chris

Continental confirms global Smart #1 tyre supply

Product News

The new, full-electric Smart #1 is the first Smart model developed by the joint venture between Mercedes-Benz and Chinese carmaker Geely. Launch photos released by Smart Europe last year let the Continental cat out of the tyre supply bag, and Continental has now confirmed worldwide supply for the SUV in 18” & 19” tyre sizes.

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Related news:

  1. Watts Tyres to Supply Continental
  2. Conti to Build Rs 1 billion Automotive Plant in India
  3. ZC Rubber supplying OE tyres for Changan’s new electric car
  4. Continental tyres for Jaguar I-Pace
28th February 2023/by Stephen

Michelin China opens new Shanghai HQ

International News
Michelin

On 20 February 2023, Michelin held the opening ceremony for its new China headquarters office building in Shanghai. Joan Valadou, Consul General of France in Shanghai, Ye Fei, President of Michelin China, and others attended the event. The new headquarters of Michelin China is located in Changning District, started construction in September 2022 and was completed in January 2023.

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Related news:

  1. Shanghai lockdown severely impacting the region’s tyre industry
  2. Maxxis to Construct New R&D Centres in Asia and US
  3. Michelin China Reproached for Environmental Standards
  4. Conti Breaks Ground on Asia Headquarters & Engineering Centre
27th February 2023/by Xuda Wang

Sentury CEO and ‘number two’ running Spain factory project

Career Tracks, International News
Narcisa Aciko; Pexels

Following the departure of Sentury’s Spain factory project’s general manager, Warren Rudman, Sentury’s senior executives have taken up the reins of Sentury Tire (Spain), according to local business publication Economia Digital Galicia.

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Related news:

  1. Sentury internationalising with US tyre factory investment
  2. Sentury working to speed up Spanish factory construction
  3. Sentury self-financing Spanish tyre factory shortfall
  4. Shareholders approve US$1 billion Linglong Tongchuan factory investment
21st February 2023/by Chris

Sentury will significantly increase production capacity in 2023

Company News, International News
Sentury

Sentury’s revenue and net profit in 2022 increased year-on-year. The tyre manufacturer’s annual report shows that last year’s revenue was 6.29 billion yuan (about £760 million; €860 million), an increase of 21.53 per cent. Net profit attributable to shareholders of listed companies was 800 million yuan (approximately £97 million; €1.1 billion), an increase of 6.3 per cent.

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Related news:

  1. Shangdong Hengyu making graphene tyres
  2. Decennial shift in global PCLT tyre volume market share
  3. Linglong hosts partner meeting in Turin
  4. Prinx Chengshan: Milestones reached in Thailand, China plant projects
21st February 2023/by Xuda Wang

Sinochem Holdings denies selling Pirelli stake

Company News, International News

On 16 February, Marco Polo International Italy S.r.l. (Marco Polo) stated that “Sinochem does not have any plan to sell its stake in Pirelli”. Marco Polo is Pirelli’s largest shareholder, holding a 37.01 per cent stake in the tyre maker. The ownership of Marco Polo belongs to China National Tyre & Rubber Co., Ltd (CNRC) under Sinochem Holdings.

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Related news:

  1. Pirelli major shareholder Chemchina restructuring
  2. Pirelli shareholders amend agreement, some parties end co-investment accord
  3. ChemChina front-runner to buy Pirelli
  4. ChemChina now holds 30% of Pirelli shares
17th February 2023/by Xuda Wang
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