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Editorial: Auto groups make case for NAFTA
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Fighting back against free trade was one of the rallying cries that candidate Donald Trump used to fire up his base on the campaign trail.But now it seems the U.S. automotive industry will do its...
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The U.S. automotive industry will do its best to give President Donald Trump an education on why withdrawing from the North American Free Trade Agreement would be a mistake. The U.S. automotive industry will do its best to give President Donald Trump an education on why withdrawing from the North American Free Trade Agreement would be a mistake. $The U.S. automotive industry will do its best to give President Donald Trump an education on why withdrawing from the North American Free Trade Agreement would be a mistake.
Momentive strike ends, new contract ratified
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WATERFORD, N.Y.—Three union locals representing workers at two Momentive Performance Materials Inc. facilities have ratified a new contract, ending a more than three-month strike at the...
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WATERFORD, N.Y.—Three union locals representing workers at two Momentive facilities have ratified a new contract, ending a more than three-month strike at the Waterford plant. WATERFORD, N.Y.—Three union locals representing workers at two Momentive facilities have ratified a new contract, ending a more than three-month strike at the Waterford plant. $WATERFORD, N.Y.—Three union locals representing workers at two Momentive facilities have ratified a new contract, ending a more than three-month strike at the Waterford plant.
Bridgestone focusing efforts around consumers
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LOS ANGELES—In 2017 Bridgestone Americas Tire Operations is going to focus on the boss.No, not the rocker Bruce Springsteen, the consumer—specifically the tire consumer. Gordon Knapp,...
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LOS ANGELES—In 2017 Bridgestone Americas Tire Operations is going to focus on the boss, specifically the tire consumer. LOS ANGELES—In 2017 Bridgestone Americas Tire Operations is going to focus on the boss, specifically the tire consumer. $LOS ANGELES—In 2017 Bridgestone Americas Tire Operations is going to focus on the boss, specifically the tire consumer.
Semperit, Shaw establish entity in U.S.
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ATLANTA—Semperit A.G.'s Sempertrans conveyor belt business and Shaw Almex Industries Ltd. have stepped up their activities in North America with the addition of a new entity, Sempertrans USA ...
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ATLANTA—Semperit's Sempertrans conveyor belt business and Shaw Almex Industries have stepped up their activities in North America. ATLANTA—Semperit's Sempertrans conveyor belt business and Shaw Almex Industries have stepped up their activities in North America. $ ATLANTA—Semperit's Sempertrans conveyor belt business and Shaw Almex Industries have stepped up their activities in North America.
Carbon black firm gets bold new name, facility
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BOULDER, Colo.—Boulder-based Waste to Energy Partners, a waste conversion company that specializes in converting end-of-life tires into carbon black, has changed its name to Bolder...
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BOULDER, Colo.—Boulder-based Waste to Energy Partners, a waste conversion company that specializes in converting end-of-life tires into carbon black, has changed its name. BOULDER, Colo.—Boulder-based Waste to Energy Partners, a waste conversion company that specializes in converting end-of-life tires into carbon black, has changed its name. $BOULDER, Colo.—Boulder-based Waste to Energy Partners, a waste conversion company that specializes in converting end-of-life tires into carbon black, has changed its name.
Hankook plans to grow in North America
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SAN JOSE DEL CABO, Mexico—Hankook Tire America Corp. plans to step up its North American marketing efforts in 2017 as part of a strategy to grow in a marketplace that looks to remain...
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SAN JOSE DEL CABO, Mexico—Hankook plans to step up its North American marketing efforts in 2017 as part of a strategy to grow in a marketplace that looks to remain relatively flat. SAN JOSE DEL CABO, Mexico—Hankook plans to step up its North American marketing efforts in 2017 as part of a strategy to grow in a marketplace that looks to remain relatively flat. $SAN JOSE DEL CABO, Mexico—Hankook plans to step up its North American marketing efforts in 2017 as part of a strategy to grow in a marketplace that looks to remain relatively flat.
Conti picks Thailand for facility
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RAYONG, Thailand—Continental A.G. has chosen a site in Rayong to construct a car and light truck tire manufacturing plant.The operation is projected to be operational by 2019. Continental...
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RAYONG, Thailand—Continental has chosen a site in Rayong to construct a car and light truck tire manufacturing plant. RAYONG, Thailand—Continental has chosen a site in Rayong to construct a car and light truck tire manufacturing plant. $RAYONG, Thailand—Continental has chosen a site in Rayong to construct a car and light truck tire manufacturing plant.
Goodyear reaches $1.75 million settlement for Danville workplace deaths
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DANVILLE, Va.—Goodyear has reached a joint settlement with the Virginia Department of Labor and Industry's Virginia Occupational Safety and Health program in connection with VOSH's...
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DANVILLE, Va.—Goodyear has reached a joint settlement with the Virginia Department of Labor and Industry's Virginia Occupational Safety and Health program in connection with four fatal accidents at its Danville plant during a one-year period. DANVILLE, Va.—Goodyear has reached a joint settlement with the Virginia Department of Labor and Industry's Virginia Occupational Safety and Health program in connection with four fatal accidents at its Danville plant during a one-year period. $DANVILLE, Va.—Goodyear has reached a joint settlement with the Virginia Department of Labor and Industry's Virginia Occupational Safety and Health program in connection with four fatal accidents at its Danville plant during a one-year period.
Cooper Tire ambassadors look to inspire students
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Cooper Tire & Rubber Co., like many companies in the rubber industry, is trying to find ways to develop its talent pipeline. It realized that to do so, manufacturing needs to have a voice...
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Cooper Tire, like many companies in the rubber industry, is trying to find ways to develop its talent pipeline. It realized that to do so, manufacturing needs to have a voice early on in a child's education. Cooper Tire, like many companies in the rubber industry, is trying to find ways to develop its talent pipeline. It realized that to do so, manufacturing needs to have a voice early on in a child's education. $Cooper Tire, like many companies in the rubber industry, is trying to find ways to develop its talent pipeline. It realized that to do so, manufacturing needs to have a voice early on in a child's education.
PTG Silicones focuses on automated molding
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NEW ALBANY, Ind.—PTG Silicones Inc. is a lean, mean, automated machine.And that's just the way President Brendan Cahill likes it.The firm, approaching its 10-year anniversary, remains small ...
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NEW ALBANY, Ind.—PTG Silicones is a lean, mean, automated machine. And that's just the way President Brendan Cahill likes it. NEW ALBANY, Ind.—PTG Silicones is a lean, mean, automated machine. And that's just the way President Brendan Cahill likes it. $NEW ALBANY, Ind.—PTG Silicones is a lean, mean, automated machine. And that's just the way President Brendan Cahill likes it.
Digital Edition
Digital Edition
Published on September 4, 2006

China building its tire-making prowess

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Date Published September 4, 2006
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China's growing impact on the global tire industry is clearly visible in the latest numbers.

This year, 17 Chinese tire manufacturers made Rubber & Plastics News' listing of the world's 75 largest companies. Collectively, those firms represent $6.4 billion in sales, or more than 6 percent of the estimated global tire business.

The list includes the first billion-dollar tire manufacturer in China, GITI Tire Co. Ltd. The collective of six individual Chinese tire makers has its headquarters in Singapore.

>From mid-2005 to mid-2006, expansion projects totaling more than $900 million in China were disclosed by both Chinese and international tire companies. In the past four years, capital spending in the nation totaled nearly $3.5 billion. At the same time, the Chinese government has put a hold on all bias-ply tire plant investments.

There are now 196 tire plants in China with a U.S. Department of Transportation tire plant code, necessary for selling tires in the U.S. The list includes 61 DOT codes issued in just the past 18 months.

Add in the production of industrial, motorcycle, scooter and other specialty tires, and China's impact grows even more.

Included in the DOT code total are 20 tire factories operated by 13 non-Chinese tire makers. They collectively represent another $2 billion to $3 billion in sales.

The legion of U.S., European and Asian companies operating in China also continues to grow. The group is led by Bridgestone Corp. and Cheng Shin/Maxxis International with three plants, followed by Michelin, Hankook Tire Co. Ltd. and Kenda Rubber Industrial Co. Ltd., each having two.

With Cooper Tire & Rubber Co. and Pirelli & C. S.p.A. each buying into Chinese tire makers in the past year, and Yokohama Rubber Co. Ltd. breaking ground on its first Chinese factory, only Continental A.G. among the world's top dozen tire makers is not present in China. Conti, however, has stated repeatedly it is negotiating in China for a partner and/or acquisition.

Hankook has the largest tire production capacity (passenger and commercial vehicles) of the group. Its factories in China are capable of producing 19.9 million tires annually.

Industry sources indicate there are more than 300 tire plants active in China, although a measurable percentage of them make only bicycle or scooter tires and tubes.

Taking just the major tire categories-passenger, light truck and medium truck/bus-China is the third largest producer in the world and perhaps the No. 1 exporter.

The country already ranks as the largest source of imported truck/bus tires in the U.S. and is No. 2 in both passenger and light truck tires. China also is now the largest consumer of rubber in the world, having eclipsed the U.S. two years ago.

The growth is prompting suppliers to the tire industry to expand as well.

A case in point is PetroChina Co. Ltd.-a former state-owned chemical concern now operating independently.

Last April while attending the International Institute of Synthetic Rubber Producers meeting in Barcelona, Spain, Wang Guilun, technology officer in the synthetic rubber area of PetroChina, disclosed the firm's ambitions. The company plans to more-than double its production capacity for synthetic rubber during the next four years by opening as many as five factories in China, he said.

PetroChina operates five synthetic rubber plants in China producing more than 400,000 metric tons of rubber a year. The new factories PetroChina is planning will add 530,000 tons a year to the company's production mix, Guilun said, with nearly all of the output dedicated to domestic Chinese use.

SR production in China hit 1.63 million tons last year, Guilun said, but the country still had to import about 1.2 million tons to satisfy demand.