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You are here: Home1 / Qingdao Doublestar Tire Industrial Co. Ltd.

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Kumho synergies & new growth: Doublestar benefitting from acquisitions

Company News, International News, Premium

It was a difficult birth. As regular visitors to this site are well aware, Qingdao Doublestar Co Ltd.’s acquisition of Kumho Tire was punctuated by more than its share of complications: Threats of mass resignations, bickering over brand name use and questions about financing all belonged to the experience.

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Related news:

  1. Doublestar forms European joint venture with Zenises
  2. Doublestar the only bidder left to buy Kumho
  3. Zenises, Doublestar officially confirm strategic partnership
  4. Why Doublestar’s Kumho purchase is a good idea
19th September 2019/by Stephen

Doublestar acquisition of Kumho Tire completed

Company News

A ceremony was held on 6 July to mark to completion of Doublestar Tire’s acquisition of a 45 per cent share in Kumho Tire. The event in Seoul was titled ‘Celebrating New Beginning’ and was attended by the Chinese and South Korean tyre makers’ management teams as well as representatives from Korea Development Bank, which together with other creditors still maintains a 23 per cent share in Kumho Tire.

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  1. Acquisition ugliness: Kumho Tire execs threaten mass resignation
  2. Kumho Tire acquisition: Is a tyre maker behind Tire Bank bid?
  3. Kumho Tire proposal ‘tentatively’ accepted
  4. Kumho Tire delisting as military supplier
11th July 2018/by Stephen

Doublestar forms European joint venture with Zenises

Company News, International News, Premium, UK News

On 22 September 2016 Doublestar Europe Ltd was registered as a UK company based in London. Tyres & Accessories understands that the company is a joint venture between Zenises and growing Chinese tyremaker Qingdao Doublestar designed to bring Chinese products into European markets.

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Related news:

  1. Zenises, Doublestar officially confirm strategic partnership
  2. The Genesis of Zenises
  3. Triangle takes westward steps
  4. ZC Rubber still number one tyre manufacturer in China 
24th October 2016/by Tyrepress Editors

Further Doublestar Kazakhstan truck and OTR tyre JV details

International News

Further to Tyres & Accessories’ detailed report on Qingdao Doublestar Tire Corp’s expansion plans last week, the company has released further information about the truck and OTR tyre joint venture it is setting up in Kazakhstan.

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Related news:

  1. Qingdao Doublestar doubling capacity
  2. Overview: Qingdao Doublestar Tire Industrial
  3. Serbia open for business
  4. Consolidation of Chinese tyre manufacturers gaining speed
26th November 2015/by Tyrepress Editors

Qingdao Doublestar doubling capacity

International News, Premium

Things are tough in China, but not every company is going under. While some are struggling others are expanding quickly. During the course of the recent Reifen China exhibition in Shanghai, Tyres & Accessories spoke with Qingdao Doublestar representatives and found our more about the company’s ambitious plans for rapid change despite the turbulent market conditions.

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Related news:

  1. Further Doublestar Kazakhstan truck and OTR tyre JV details
  2. Jiangsu General investing US$300 million in Thailand tyre plant
  3. Overview: Qingdao Doublestar Tire Industrial
  4. Why Doublestar’s Kumho purchase is a good idea
19th November 2015/by Tyrepress Editors

Double Star embarks on “Rainbow” tyre production

International News, News, Product News

At the end of 2011 Double Star Tires based in Qingdao, Shandong province, China announced plans to produce a range of multi-coloured tyres. According to local news reports, Double Star has dared to differ from the overwhelming trend towards manufacturing black tyres having developed a patented process to make tyres of any colour. This range has been appropriately dubbed “Rainbow” and is set for imminent market release.

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Related news:

  1. Qingdao Doublestar doubling capacity
  2. Linglong to become first Chinese global Top 10 car tyre manufacturer by 2019 – analyst
  3. The Market is Ripe for Korean Tyre Makers
  4. Sailun confirms Jinyu and Shenyang double acquisition
26th March 2012/by Chris

Overview: Qingdao Doublestar Tire Industrial

International News

The Qingdao Doublestar Tire Industrial Co., Ltd., which is based in Qingdao (Shandong province), is one of several Chinese tyre manufacturers undergoing strong expansion. The company was founded in 1996 and belongs to the Double Star group that mainly produces the Doublestar brand, but also a secondary brand called Huaqing.

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Related news:

  1. Qingdao Doublestar doubling capacity
  2. Yokohama Expands China Operations
  3. Doublestar forms European joint venture with Zenises
  4. Consolidation of Chinese tyre manufacturers gaining speed
6th August 2007/by Tyrepress Editors
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