The last few months have been a challenging time for the tyre industry, but some of the first companies affected by the COVID-19 crisis are now reporting a return to normality. Zhongce Rubber Group (ZC Rubber) says its production at its plant in Hangzhou, China is now “in full swing” and its more than 9,200 employees back at work.
Earlier this month, Zhongce Rubber Group Co., Ltd. (ZC Rubber) and Nanjing Lvjinren Rubber & Plastic High-tech Co., Ltd. (Nanjing Lvjinren Rubber) agreed to expand their capacity to produce recycled rubber from end of life tyres. The two companies are working on a project to boost capacity for recycled rubber at their pilot plant by 20,000 tonnes a year. ZC Rubber says this will be “fully operational” by September 2020 and will be the “leading” Industry 4.0 recycled rubber intelligent plant and pilot recycling project within China’s tyre industry.
The coronavirus-related restrictions we’re now experiencing in the UK and Europe were first seen in China. Many changes have taken place there since the COVID-19 outbreak began. Ge Guorong, vice president of Zhongce Rubber Group, sent a live video message to the retailers of its products in China, urging them to face the current difficulties together.
ZC Rubber reported today that production at its plant in Hangzhou, China resumed on 10 February following a pause taken in response to concerns regarding coronavirus (COVID-19). The manufacturer of the Westlake, Goodride, Arisun and Chaoyang tyre brands says production is now at 70 per cent capacity and is expected to return to normal levels soon. Triangle Tyre says its production also restarted on 10 February.
The latest global tyre market share figures from tyre industry analyst Astutus Research show how long-established, leading players headquartered in Japan, Europe, and North America have seen their volume share diminish, while Chinese, ASEAN, and selected other markets’ tyre manufacturers’ share has risen. The analyst states that in aggregate, the ten leading PCLT tyre manufacturers based in Japan, Europe and North America (J-E-NA) have lost almost 6 percentage points of market share since the end of 2011 (OE and replacement segments combined, volumes in tyre units). In part this reflects a strategic choice of some to focus on the higher value premium segments of the market.
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 […]
ZC Rubber has announced that it will introduce a series of new commercial and consumer tyres in 2019. Covering European TBR and PCR tyre markets, the new products have been designed to meet local customer demands, the manufacturer states.
Private labels are a core business for wholesaler Deldo Autobanden NV, and currently it offers six ranges. One of these is Superia, and Deldo shares that it recently entered into a manufacturing agreement with ZC Rubber – the 10th largest tyre maker in the world according to Tyrepress.com’s latest ranking. ZC Rubber will produce a full line of high performance, UHP, SUV and light commercial truck patterns under the Superia brand name for Deldo.
When you look at Tire+’s deliberate proximity to a premium car show such as Auto Guangzhou, the first thing that comes to mind is original equipment (OE). If we take a comparable European equivalent event such as the Geneva Motor Show as an example, most of the leading global tyre players as well as some of the larger up-and-coming brands use Geneva as a way of showcasing new technologies and products in order to generate additional OE tyre sales as well as the benefit of the enhanced ongoing tyre replacement sales that come with the so-called OE pull-through effect. While it is not as linear and transactional an equation as investment in a motor show equals OE contracts, it clearly is an important part of the corporate courtship ritual. Surprisingly, things are a little different in China.
Mobike, one of the world’s largest bike-sharing companies, is adding e-bikes to its fleet that use new foamed integrated tyre solutions. The tyres are a result of a partnership between Dow and Hangzhou Zhongce Rubber to develop a tyre solution based on mixing Dow’s Infuse Olefin Block Copolymer (OBC), Engage Polyolefin Elastomers and Nordel EPDM.
China’s largest tyre manufacturer, Zhongce Rubber, has entered the global top ten, research published today by Tyrepress shows. Best known in Europe for its Westlake brand, the company has pushed up in the rankings past Giti Tire – manufacturer of GT Radial – which did not supply 2017 figures before the deadline, Toyo Tires, and Cooper Tire & Rubber, which fell three places. Competition in the lower quarter of the top ten places is fierce, with turnovers for tyres between 2.4 billion euros (Cooper in 13th) and 3.2 billion euros (Maxxis in ninth).
Next Tuesday, Zhongce Rubber Group Co., Ltd. (ZC Rubber) will celebrate its 60th anniversary – and has invited more than 1,000 of its partners around the world to its home city of Hangzhou, China to join in the festivities.