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On October 23, Hangcha Group and GreatStar declared that they officially became the first majority share-holder of Zhongce Rubber upon the completion of share-holding right transfer after they and their joint controlling shareholder, Giastar Group, purchased 46.95% of shares from Zhongce Rubber.At the beginning of June this year, Hangcha Group and GreatStar issued a draft on purchasing the shares of Zhongce Rubber. As the ¡°leading role¡±, Giastar Group, together with its subordinating GreatStar
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Today is the international labor day, Huaan tire launchs its new sizes and new pattern for domenstic and oversea market.Many thanks for Huaan tire team's efforts, we pround to launch new patterns and new sizes on May day. It would be a important moment for all Huaan people today. It is definitely that Huaan tire's demand is larger than last year, even under corona virus.The New size and new pattern as bellowed:1. 11R22.5 16PR HLD992. 1000R20 18PR HRA593. 295/80R22.5 18PR HLA884. 295/60R2
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Hankook Tire America Corp. has added a pair of wide-base single radial truck/bus tires to its commercial tire portfolio for regional and long-haul applications.Both new products¡ªthe AH32 all-position and e3 WiDE DL12 drive-axle radials¡ªare built using Hankook's Smart + Technology manufacturing process and are SmartWay verified for reduced rolling resistance, according to Rob Williams, vice president of TBR sales, Hankook Tire America.The new Smart + Technology manufacturing process works t
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China's Hongtai Holding plans to build a new scrap tire recycling plant in Hefei that is expected to have the ability to treat 300,000 metric tons of scrap tires each year. The planned 1.2 million-sq.-ft. facility will be located in Hefei's Lujiang High-tech Industrial Development Zone.The plant will use Hongtai's liquid phase pulverization technology to treat tires from Anhui and other East China provinces.Hongtai said the $154 million project will have two phases. The first will ha
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Balkrishna Industries Ltd. (BKT) approaches business a little differently than most tire manufacturers.Instead of searching the globe for a carbon black supplier, BKT builds its own plant. We are different, Arvind Poddar, the company's chairman and co-managing director, said at the recent Specialty Equipment Market Association Show in Las Vegas.The company's recent decision to suspend plans to construct its first U.S. factory related to difficult macroeconomics and the volatile climate c
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Goodyear is hoping for more than a traditional return on investment with its new $100 million venture capital fund, Goodyear Ventures.In fact, the company considers the investment to be part of its research and development efforts. That's probably made most apparent by the fact that Goodyear put a former chemical engineer. Erin Spring,rather than a financial person, at the helm. Spring has the master's of business administration one might expect a fund manager to have, but her past job t
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On July 30, Daye Shares published the semi-annual report of 2019. In the first half year, the revenue was 1.324 Billion Yuan, with a year-on-year growth of 14.14%; the net profit was 121 Million Yuan, with a year-on-year growth of 19.56%.The company stated that in the aspect of production technology innovation and talent introduction, on one hand, it always aimed at the global scientific and technological frontier and industrial transformation trend to develop different kinds of new bead wire, s
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On August 6, China¡¯s first overseas high-performance wet process Rubber Compound professional production line was put into operation in batch in Funuo International (Thailand) Co., Ltd.This production line possesses the features of high automation degree, continuous production and easy and safe operation, and the rubber compound produced has the advantages of easiness to be processed and stable batch quality.This project is technologically instructed by Professor Han Jingjie from Qingdao Univer
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In March 2020, Huaan tire engineer service team visited the biggest Iron Mining in Yuan, China to check the tire performance of Huaan Tire 2nd generation 1200R20 HFA19.1st Huaan tires 1200R20 HFA19 has been tested in early 2018 in this mining site.We've been tracking performance since the beginning. This mining mainly works on crushing stones into the sand, mud, and slope up to 40 degree with overload 200%. After testing of order, theytransferred 80% consumption to Huaan brand tires due to l
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According to the development requirements of Zhongce Rubber Group, Zhongce Rubber (Jiande) Co., Ltd. will invest RMB 3.56 Billion Yuan in Chunqiu Plant to carry out the expansion project of capacity of 6.7 million all-steel tires. After the project is put into operation at the end of 2021, the capacity of the base will reach 12 million.The expansion project will add 220 mu of land and build two new radial tire workshops. At the same time, Chunqiu Plant will be rebuilt, adjusting all OTR tire, bi
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On June 15, Maxtrek Manufacturing Malaysia Co., Ltd. project broke ground in Malaysia-China Kuantan Industrial Park (MCKIP). After the project is completed, it will become the second tire project built by China in Malaysia after Jinma Rubber Co., Ltd.Maxtrek is a subsidiary of Zhaoqing Junhong Co., Ltd. The project plans to produce 6.5 million tires per year, including 6 million radial passenger and light truck tires and 500,000 radial passenger and truck tires.The factory will adopt industrial
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Huaan tire attaches great attention to the after-sales service and service life of tires. Recently, our engineers began to track perfomance of Huaan tires in the domestic market.1. The 1st station: A big mining company in Yunan province. The mine road here is very bad, which causes great damage for tires. Many brands have failed experience in mining. Our customer choose Huaan HF2020 pattern to against heavy loads and stone cutting in June, 2019. Let us see the actual performance in site.HUAAN TI
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it was quite bustling on the south square of Olympic Forest Park South Park. More than 1,000 runners gathered here to compete for the ¡°2019 China Green Tire Safety Week Healthy Run¡± 10km public benefit event organized by the China Rubber Industry Association (CRIA)!The theme of this year¡¯s ¡°6•15 China Green Tire Safety Week¡± event is ¡°China Tire, Leading the World¡±. It aims to spread the public benefit concept of green, low-carbon, safe and environmental protection to the public thr
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On June 19, Qingdao Blackcat Company officially signed a contract with Jian Xigao, an academician of the Chinese Academy of Engineering, to establish the first academician workstation in carbon black industry.The two parties agreed that in the next few years, depend on the academician workstation, Qingdao Blackcat will rely on RD strength to ¡°bring in and go global¡±, strive to build a world-class RD team in the next three years, and build national-level green intelligent manufacturing demonstr
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On June 18, Shandong Dawn Polymer Material Co., Ltd. announced that its 3,000 ton/year specialty HNBR (hydrogenated butadiene-acrylonitrile rubber) device had successfully started up and produced qualified products,and afterwards, the company would actively verify products, develop new products and exploit markets with customers. The project is under the responsibility of the wholly-ownedsubsidiary Shandong Dawn Specialty Elastomer Co., Ltd., with an investment of RMB 110 Million Yuan.Dawn is a
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Recently, Linglong Tire held the 2018 ¡°Green Supply Chain¡± project summing-up meeting, and Kemai Chemical Co., Ltd. was awarded the title of qualified green supplier of ¡°Green Supply Chain¡±.In 2018, Green Supply Chain project of SAIC-GM and Linglong Tire was officially launched. Linglong Tire established a green supply chain mechanism with its own characteristics to carry out energy conservation and emission reduction control, and to start the promotion of green concepts for raw material and
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The Chinese aftermarket is forecasted to grow 7.5% per year through 2030, according to areport by McKinsey.According to the report, the rest of Asia will be the second-fastest-growing market with a growth rate of 6.1%. The North American market is forecasted to grow at a rate of 1.7% per year and followed by Europe at 1.5%.TheChina International Tire Expo(CITEXPO) reported that the number of passenger vehicles in operation (VIO) in China will grow from 185 million to 401.7 million from 2017 to 2
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TheU.S. Trade Representative(USTR) will accept exclusion requests for the List 3 China Tariffs List for products imported from China, beginning June 30 and ending Sept. 30, 2019. Any exclusions granted will be retroactive to Sept. 24, 2018, when the duties were first put in place. The exclusion will last for a period of one year after it has been granted.The List 3 group of Chinese imports covers nearly $200 billion worth of products, including many auto parts, from engines and metal fasteners t
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Perception of Chinese Tyres Has Changed In MexicoIn Mexico, Huaan tire's parnter say,Huaan Tireis positioned as a new mid-range brand. The customer from Mexico decided to place a trial order in 2019 Citexpo to test Huaan tire.Customers are attracted by the beautiful appearance and high quality of tires. Huaan tireoffers a full range ofpremium truck tirefrom 20 to 24- inch diameter.¡°In recent years, we noticed a change of view on Chinese tyres that had previously been perceived as budget and
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On February 26, the rubber and plastic products production project of Beijing Chengnan Rubber and Plastic Technology Research Institute with a total investment of RMB 516.80 Million Yuan started construction in Caofeidian New Industrial Park.Covering an area of 100 mu, this project is successfully bid by Chengnan Rubber Plastic through the use right bidding, auction and listing procedures for the state-owned land, with RMB 13 Million Yuan successfully. Caofeidian base will mainly build mixing w
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