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New president excited to lead ASC
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INDIANAPOLIS—It has been a time of transition for the Adhesive and Sealant Council. William Allmond was named the association's new president in August, taking over for Matthew Croson, who...
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INDIANAPOLIS—It has been a time of transition for the Adhesive and Sealant Council as William Allmond took over as the association's new president in August. INDIANAPOLIS—It has been a time of transition for the Adhesive and Sealant Council as William Allmond took over as the association's new president in August. $INDIANAPOLIS—It has been a time of transition for the Adhesive and Sealant Council as William Allmond took over as the association's new president in August.
Bridgestone drives forward; Tire maker's plan include recharging Firestone
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LOS ANGELES—Bridgestone Americas Tire Operations L.L.C. is recharging its Firestone brand for 2017 with four new tires, in addition to a new Bridgestone product and additional sizes for its...
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LOS ANGELES—Bridgestone Americas Tire Operations is recharging its Firestone brand for 2017 with four new tires, in addition to a new Bridgestone product and additional sizes for its Fuzion line. LOS ANGELES—Bridgestone Americas Tire Operations is recharging its Firestone brand for 2017 with four new tires, in addition to a new Bridgestone product and additional sizes for its Fuzion line. $LOS ANGELES—Bridgestone Americas Tire Operations is recharging its Firestone brand for 2017 with four new tires, in addition to a new Bridgestone product and additional sizes for its Fuzion line.
Trelleborg suspension springs bolster Turkish tram project
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TRELLEBORG, Sweden—Trelleborg’s industrial anti-vibration solutions operation expects to complete its delivery of suspension systems to a tram project in Turkey’s Kayseri within...
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TRELLEBORG, Sweden—Trelleborg's industrial anti-vibration solutions operation expects to complete its delivery of suspension systems to a tram project in Turkey's Kayseri within the first quarter of 2017. TRELLEBORG, Sweden—Trelleborg's industrial anti-vibration solutions operation expects to complete its delivery of suspension systems to a tram project in Turkey's Kayseri within the first quarter of 2017. $TRELLEBORG, Sweden—Trelleborg's industrial anti-vibration solutions operation expects to complete its delivery of suspension systems to a tram project in Turkey's Kayseri within the first quarter of 2017.
Hexpol adds new compounds to bio-based TPEs
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LONDON—Thermoplastic elastomer compounding group, Hexpol TPE, has added new compounds to its Dryflex Green family of bio-based TPEs, creating more opportunities for sustainability. Dryflex...
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LONDON—Thermoplastic elastomer compounding group, Hexpol TPE, has added new compounds to its Dryflex Green family of bio-based TPEs, creating more opportunities for sustainability. LONDON—Thermoplastic elastomer compounding group, Hexpol TPE, has added new compounds to its Dryflex Green family of bio-based TPEs, creating more opportunities for sustainability. $LONDON—Thermoplastic elastomer compounding group, Hexpol TPE, has added new compounds to its Dryflex Green family of bio-based TPEs, creating more opportunities for sustainability.
Apollo to invest $89.4 million in India facilities
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NEW DELHI, India—Apollo Tyres Ltd. is expanding in India with two moves totaling a combined $89.4 million. The firm has signed a memorandum of understanding with the Government of Andhra...
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NEW DELHI, India—Apollo Tyres is expanding in India with two moves totaling a combined $89.4 million. NEW DELHI, India—Apollo Tyres is expanding in India with two moves totaling a combined $89.4 million. $NEW DELHI, India—Apollo Tyres is expanding in India with two moves totaling a combined $89.4 million.
Supply side economics: Firms launch initiatives Chemours strengthens Viton brand program
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PITTSBURGH—Chemours Co. has revamped a licensee program designed to strengthen its Viton brand in the marketplace and get its rubber product maker customers to make the material their...
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PITTSBURGH—Chemours has revamped a licensee program designed to strengthen its Viton brand in the marketplace and get its rubber product maker customers to make the material their primary fluoroelastomer. PITTSBURGH—Chemours has revamped a licensee program designed to strengthen its Viton brand in the marketplace and get its rubber product maker customers to make the material their primary fluoroelastomer. $PITTSBURGH—Chemours has revamped a licensee program designed to strengthen its Viton brand in the marketplace and get its rubber product maker customers to make the material their primary fluoroelastomer.
Q Holding to acquire Degania
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TWINSBURG, Ohio—Q Holding Co. has entered into agreement to purchase Degania Silicone Ltd., a manufacturer of medical catheters. The acquisition would more than double Q Holding’s...
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TWINSBURG, Ohio—Q Holding has entered into agreement to purchase Degania Silicone, a manufacturer of medical catheters, more than doubling Q Holding's employment. TWINSBURG, Ohio—Q Holding has entered into agreement to purchase Degania Silicone, a manufacturer of medical catheters, more than doubling Q Holding's employment. $TWINSBURG, Ohio—Q Holding has entered into agreement to purchase Degania Silicone, a manufacturer of medical catheters, more than doubling Q Holding's employment.
Time magazine lauds Goodyear's spherical tire
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AKRON—Goodyear’s Eagle-360, a spherical, 3-D printed, concept tire that the company unveiled during the Geneva International Motor Show March 1, has been named one of Time...
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AKRON—Goodyear's Eagle-360, a spherical, 3-D printed, concept tire that the company unveiled during the Geneva International Motor Show March 1, has been named one of Time magazine's “Best Inventions of the Year 2016." AKRON—Goodyear's Eagle-360, a spherical, 3-D printed, concept tire that the company unveiled during the Geneva International Motor Show March 1, has been named one of Time magazine's “Best Inventions of the Year 2016." $AKRON—Goodyear's Eagle-360, a spherical, 3-D printed, concept tire that the company unveiled during the Geneva International Motor Show March 1, has been named one of Time magazine's “Best Inventions of the Year 2016."
Preferred adds second Mexican facility
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BARBERTON, Ohio—Preferred Compounding Corp. is continuing to expand its growing operation, this time with a new facility adjacent to its existing plant in San Luis Potosi, Mexico. Its wholly ...
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BARBERTON, Ohio—Preferred Compounding is continuing to expand its growing operation, this time with a new facility adjacent to its existing plant in San Luis Potosi, Mexico. BARBERTON, Ohio—Preferred Compounding is continuing to expand its growing operation, this time with a new facility adjacent to its existing plant in San Luis Potosi, Mexico. $BARBERTON, Ohio—Preferred Compounding is continuing to expand its growing operation, this time with a new facility adjacent to its existing plant in San Luis Potosi, Mexico.
Organizations eye recycling market growth
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NIAGARA FALLS, Ontario—The worldwide regulatory climate for scrap tire recycling is challenging, but national organizations are striving to meet all regulations and create robust recycled...
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NIAGARA FALLS, Ontario—The worldwide regulatory climate for scrap tire recycling is challenging, but national organizations are striving to meet all regulations and create robust recycled rubber markets. NIAGARA FALLS, Ontario—The worldwide regulatory climate for scrap tire recycling is challenging, but national organizations are striving to meet all regulations and create robust recycled rubber markets. $NIAGARA FALLS, Ontario—The worldwide regulatory climate for scrap tire recycling is challenging, but national organizations are striving to meet all regulations and create robust recycled rubber markets.
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.