Tag: duties

ZC Rubber expanding PCR capacity to meet growing domestic demand

ZC Rubber expanding PCR capacity to meet growing domestic demand

6th September 2019 | 0 Comments

When Tyrepress.com published its current ranking of the world’s largest tyre makers several months ago, a new name occupied 9th place – ZC Rubber. With revenues of RMB 26.9 billion (£3.1 billion) in 2018, China’s largest tyre maker had moved up one place from the previous year on the back of 12 per cent year-on-year […]

Continue Reading

Sailun Group extends capacity expansion project

4th September 2019 | 0 Comments

Sailun Group Co., Ltd. has issued a new timetable for the completion of its project to add capacity for larger rim passenger car and light commercial vehicle tyres at its Dongying factory in China. The self-funded investment to add 15 million units of capacity will now be implemented by December 2020 rather than this year, as originally planned. According to Sailun Group, the level of investment in the project and proposed usage of the funds remains the same.

Continue Reading

Vipal: Optimism returning to Europe’s retreading sector

Vipal: Optimism returning to Europe’s retreading sector

19th June 2019 | 0 Comments

It’s almost eight months since the European Commission made its final decision regarding anti-dumping duties on new and retreaded truck and bus tyres manufactured in China, and Vipal Rubber is celebrating what it considers an “upturn in the tyre retreading market in Europe.”

Continue Reading

EU rejects claims Pirelli isn’t related to CNRC and Aeolus

22nd October 2018 | 0 Comments

Having published its definitive decision on Chinese-produced truck tyre dumping, the European Union has also rejected claims that Pirelli is not related to either China National Tire & Rubber Co., Ltd (CNRC, which is owned by ChemChina) or Aeolus. Therefore, any tyres made by any of the related companies in China have to be subject to comparable import tariffs.

Continue Reading

EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers

EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers

22nd October 2018 | 0 Comments

The European Union has made its conclusive statement on the introduction of anti-dumping tariffs on truck and bus tyres and retreads manufactured in China. As previously announced, the EU will impose fixed rate anti-dumping duties on the products, with the final regulation 2018/1579 implemented from 23 October. This ends speculation that percentage rates could be applied. In fact, the EU has revised tariff levels up, almost across the board.

Continue Reading

Chinese truck tyres: EC proposes revised anti-dumping duties

Chinese truck tyres: EC proposes revised anti-dumping duties

25th July 2018 | 0 Comments

Thanks to an internal document sent to EU member states and national tyre trade associations, we now have a clearer idea about what form the European Commission’s final anti-dumping measures against Chinese truck and bus tyres may take. The Commission favours a system of fixed, per-tyre duties similar to the preliminary duties introduced in May; the silver lining for Chinese tyre makers is that it has recommended these duties be reduced.

Continue Reading

Bridgestone lifts Bulldog production, invests in UK retreading as duties drive demand

Bridgestone lifts Bulldog production, invests in UK retreading as duties drive demand

10th July 2018 | 0 Comments

It’s now more than two months since the European Union applied anti-dumping duties on a range of truck and bus tyres manufactured in China, and during this time Bridgestone has observed a “strong uplift in demand” within the UK retreading industry. With the market “showing signs of a significant upturn in fortunes,” the company behind the Bandag retreading brand believes a “continued investment in its range of products is beginning to reap dividends.”

Continue Reading

Tyre tariffs: Aeolus relocating production to Prometeon plants

25th May 2018 | 0 Comments

Aeolus Tyre Co., Ltd. has emphasised its continued commitment to European markets. In a statement, the Chinese tyre maker describes its progress with the Aeolus brand within Europe as a “remarkable” achievement and stresses that the “unique position” it has claimed within the market will continue despite the introduction of anti-dumping duties. To facilitate this, some Aeolus tyre production will be relocated outside of China.

Continue Reading

Thinking ahead: Hankook Tire preparing for IAA CV

Thinking ahead: Hankook Tire preparing for IAA CV

25th May 2018 | 0 Comments

Even though Hankook Tire is now – as are many within the tyre industry – making final preparations for next week’s The Tire Cologne, the tyre maker is already getting ready for the 2018 IAA Commercial Vehicles fair. Offering a sneak preview of what we can expect to see this September, it shares that the show in Hannover, Germany will host the world premiere of a new Hankook mixed on- and off-road tyre line-up that includes steer, drive and trailer axle fitments. Hankook Tire also intends to announce further growth in its business with truck OEMs.

Continue Reading

Pirelli: Anti-dumping duties don’t affect us

Pirelli: Anti-dumping duties don’t affect us

9th May 2018 | 0 Comments

Although Pirelli Tyre Co, Ltd. is named as a company whose products (together with those from Aeolus Tyre Co., Ltd., Chonche Auto Double Happiness Tyre Corp., Ltd. and Qingdao Yellow Sea Rubber Co., Ltd.) will be charged anti-dumping duties of 64.13 euros per tyre under anti-dumping Regulation (EU) 2018/683, the tyre maker states it is not affected by the new regulation as it doesn’t produce commercial vehicle tyres.

Continue Reading

Chinese truck/bus tyres: EU introducing anti-dumping duties tomorrow

Chinese truck/bus tyres: EU introducing anti-dumping duties tomorrow

7th May 2018 | 0 Comments

As of tomorrow (8 May 2018), the European Union will apply anti-dumping duties to certain Chinese-made truck and bus tyres entering the European Union.

Continue Reading

Anti-dumping – EC to investigate Chinese tyre imports to Europe

Anti-dumping – EC to investigate Chinese tyre imports to Europe

11th August 2017 | 0 Comments

The European Commission has issued notice that it will initiate an anti-dumping proceeding focusing on imports of truck and bus tyres originating in the People's Republic of China. The Commission is taking this course of action as a result of a complaint received on 30 June by the “coalition against unfair tyres imports,” a group representing the interests of manufacturers who account for more than 45 per cent of all new and retreaded truck and bus tyre production in the European Union.

Continue Reading

It’s “high time” for anti-dumping duties, says JK Tyre & Industries’ Singhania

It’s “high time” for anti-dumping duties, says JK Tyre & Industries’ Singhania

10th August 2017 | 0 Comments

Days after India’s Directorate General of Anti-Dumping published its final findings into truck and bus tyres imported from China and recommended the introduction of anti-dumping duties for certain products, the chairman and managing director of the country’s largest domestic producer of truck and bus radials supported the measure with comments of his own. During his speech at JK Tyre & Industries Ltd’s annual general meeting on 4 August, Dr Raghupati Singhania declared it is “high time” India’s government undertook such a step.

Continue Reading

It’s “high time” for anti-dumping duties, says JK Tyre & Industries’ Singhania

It’s “high time” for anti-dumping duties, says JK Tyre & Industries’ Singhania

10th August 2017 | 0 Comments

Days after India’s Directorate General of Anti-Dumping published its final findings into truck and bus tyres imported from China and recommended the introduction of anti-dumping duties for certain products, the chairman and managing director of the country’s largest domestic producer of truck and bus radials supported the measure with comments of his own. During his speech at JK Tyre & Industries Ltd’s annual general meeting on 4 August, Dr Raghupati Singhania declared it is “high time” India’s government undertook such a step.

Continue Reading

India considering anti-dumping duties for Chinese truck tyres

9th August 2017 | 0 Comments

The body within India’s Department of Commerce established to investigate unfair trade practices has recommended the introduction of anti-dumping duties on certain tyres imported from China. In the recently published findings of its report into truck and bus tyres with rim diameters above 16-inches that originate in or are exported from the People’s Republic, the Directorate General of Anti-Dumping (DGAD) states it is “of the view that imposition of definitive anti-dumping duty is necessary to offset dumping and injury.”

Continue Reading

Buy subscriptions, premium industry reports, and business directory entries in our shop. | Dismiss

[ + ]