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China retaliates in tariff feud, focuses on U.S. tires, rubber
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BEIJING—China is retaliating against the Trump administration's decision to impose $200 billion worth of tariffs on Chinese goods by enacting $60 billion in tariffs on U.S. goods, including ...
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BEIJING—China is retaliating against the Trump administration's decision to impose $200 billion worth of tariffs on Chinese goods by enacting $60 billion in tariffs on U.S. goods, including tires, synthetic rubber and butadiene. BEIJING—China is retaliating against the Trump administration's decision to impose $200 billion worth of tariffs on Chinese goods by enacting $60 billion in tariffs on U.S. goods, including tires, synthetic rubber and butadiene. $BEIJING—China is retaliating against the Trump administration's decision to impose $200 billion worth of tariffs on Chinese goods by enacting $60 billion in tariffs on U.S. goods, including tires, synthetic rubber and butadiene.
Wacky World of Rubber: Certain things just are not re-usable
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Some things would seem to be self-evident. But that isn't always the case, judging by the warning recently put out by the Centers for Disease Control that condoms should not be re-used. And not...
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Some things would seem to be self-evident. But that isn't always the case, judging by the warning recently put out by the Centers for Disease Control that condoms should not be re-used. And not surprisingly the Twitter post garnered a lot of attention. Some things would seem to be self-evident. But that isn't always the case, judging by the warning recently put out by the Centers for Disease Control that condoms should not be re-used. And not surprisingly the Twitter post garnered a lot of attention. $Some things would seem to be self-evident. But that isn't always the case, judging by the warning recently put out by the Centers for Disease Control that condoms should not be re-used. And not surprisingly the Twitter post garnered a lot of attention.
Manufacturing sector split as Trump moves forward on Chinese tariffs
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WASHINGTON—President Trump has announced he will go ahead with new tariffs worth an estimated $200 billion on more than 5,700 products imported from China. Most business sectors in the U.S.,...
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WASHINGTON—President Trump has announced he will go ahead with new tariffs worth an estimated $200 billion on more than 5,700 products imported from China. WASHINGTON—President Trump has announced he will go ahead with new tariffs worth an estimated $200 billion on more than 5,700 products imported from China. $WASHINGTON—President Trump has announced he will go ahead with new tariffs worth an estimated $200 billion on more than 5,700 products imported from China.
Clariant, Sabic to merge part of materials portfolio
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MUTTENZ, Switzerland—Materials supplier Clariant A.G. and Saudi chemical company Sabic are to merge parts of their businesses in a bid to create a leading supplier of high-performance...
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MUTTENZ, Switzerland—Materials supplier Clariant and Saudi chemical company Sabic are to merge parts of their businesses in a bid to create a leading supplier of high-performance materials. MUTTENZ, Switzerland—Materials supplier Clariant and Saudi chemical company Sabic are to merge parts of their businesses in a bid to create a leading supplier of high-performance materials. $MUTTENZ, Switzerland—Materials supplier Clariant and Saudi chemical company Sabic are to merge parts of their businesses in a bid to create a leading supplier of high-performance materials.
Univar to buy Nexeo for $2 billion, may sell plastics unit
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DOWNERS GROVE, Ill.—In a blockbuster materials distribution deal, Univar Inc. is acquiring Nexeo Solutions Inc. for $2 billion. But before the ink was dry on the Sept. 17 deal, Univar...
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DOWNERS GROVE, Ill.—In a blockbuster materials distribution deal, Univar is acquiring Nexeo Solutions for $2 billion. But before the ink was dry on the deal, Univar officials said they're reviewing Nexeo's plastic resin business for a possible sale. DOWNERS GROVE, Ill.—In a blockbuster materials distribution deal, Univar is acquiring Nexeo Solutions for $2 billion. But before the ink was dry on the deal, Univar officials said they're reviewing Nexeo's plastic resin business for a possible sale. $DOWNERS GROVE, Ill.—In a blockbuster materials distribution deal, Univar is acquiring Nexeo Solutions for $2 billion. But before the ink was dry on the deal, Univar officials said they're reviewing Nexeo's plastic resin business for a possible sale.
NHTSA, EPA under fire for fuel economy standards hearing schedule
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WASHINGTON—Federal and state regulators will host four listening sessions during the week of Sept. 24, focusing on a contentious proposal that would weaken federal fuel economy and emission...
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WASHINGTON—Federal and state regulators will host four listening sessions during the week of Sept. 24, focusing on a contentious proposal that would weaken federal fuel economy and emission standards. WASHINGTON—Federal and state regulators will host four listening sessions during the week of Sept. 24, focusing on a contentious proposal that would weaken federal fuel economy and emission standards. $WASHINGTON—Federal and state regulators will host four listening sessions during the week of Sept. 24, focusing on a contentious proposal that would weaken federal fuel economy and emission standards.
Fairprene know-how drives recent Trelleborg expansions
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RUTHERFORDTON, N.C.—Trelleborg Engineered Coated Fabrics has significantly increased its capabilities and expanded its geographic reach in the last year, thanks primarily to recent...
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RUTHERFORDTON, N.C.—Trelleborg Engineered Coated Fabrics has significantly increased its capabilities and expanded its geographic reach in the last year, thanks primarily to recent acquisitions. RUTHERFORDTON, N.C.—Trelleborg Engineered Coated Fabrics has significantly increased its capabilities and expanded its geographic reach in the last year, thanks primarily to recent acquisitions. $RUTHERFORDTON, N.C.—Trelleborg Engineered Coated Fabrics has significantly increased its capabilities and expanded its geographic reach in the last year, thanks primarily to recent acquisitions.
Goodyear's Rich Kramer sees opportunities in tire industry's challenges
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AKRON—Customers—both individual and corporate—are driving rapid changes in how tires are designed, distributed and sold, and successful tire companies will embrace those changes....
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AKRON—Customers—both individual and corporate—are driving rapid changes in how tires are designed, distributed and sold, and successful tire companies will embrace those changes. AKRON—Customers—both individual and corporate—are driving rapid changes in how tires are designed, distributed and sold, and successful tire companies will embrace those changes. $AKRON—Customers—both individual and corporate—are driving rapid changes in how tires are designed, distributed and sold, and successful tire companies will embrace those changes.
Michelin Tweel designer Steve Cron honored at ITEC
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AKRON—There's no telling what will inspire the next big idea, the one that sends ripples—or maybe even waves—through the industry. The International Tire Exhibition &...
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AKRON—The Harold Herzlich Distinguished Technology Achievement Award, presented at each ITEC show, honors outstanding achievements in tire technology. This year, ITEC honored Steve Cron, who, along with his friend and colleague Tim Rhyne, developed Michelin's Tweel. AKRON—The Harold Herzlich Distinguished Technology Achievement Award, presented at each ITEC show, honors outstanding achievements in tire technology. This year, ITEC honored Steve Cron, who, along with his friend and colleague Tim Rhyne, developed Michelin's Tweel. $AKRON—The Harold Herzlich Distinguished Technology Achievement Award, presented at each ITEC show, honors outstanding achievements in tire technology. This year, ITEC honored Steve Cron, who, along with his friend and colleague Tim Rhyne, developed Michelin's Tweel.
Commerce rules against China, Thailand in rubber band duty case
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WASHINGTON—The U.S. Department of Commerce has levied antidumping duties of 5.86 percent against most rubber band imports from Thailand. The agency also has determined preliminarily that...
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WASHINGTON—The U.S. Department of Commerce has levied antidumping duties of 5.86 percent against most rubber band imports from Thailand. WASHINGTON—The U.S. Department of Commerce has levied antidumping duties of 5.86 percent against most rubber band imports from Thailand. $WASHINGTON—The U.S. Department of Commerce has levied antidumping duties of 5.86 percent against most rubber band imports from Thailand.
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Published on September 3, 2007

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Date Published September 3, 2007
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The opening of a new Yokohama Rubber Co. Ltd. truck and bus tire plant in China is being delayed by nearly a year, but that hasn't curtailed a huge growth in the firm's sales in the nation.

The Suzhou Yokohama Tire Co. facility in Suzhou, Jiangsu Province, was scheduled to open this month. But problems in meeting environmental regulations has put back the opening of the factory until August 2008, the company said.

When the $81 million plant does start up, it will have a first-year production target of 80,000 tires, according to Yuji Sakamoto, general manager, marketing communication department at Yokohama Rubber (China) Co. Ltd., the Japanese manufacturer's holding company in China. Annual capacity will reach 350,000 units by 2009, he said.

Yokohama's other tire plant in China-the Hangzhou Yokohama Tire Co. Ltd. operation in Hangzhou that makes passenger and light truck tires-itself is undergoing a $25.4 million expansion. Sakamoto said that project will double annual capacity at the site to more than 2 million tires by May 2008.

The projects are under way while Yokohama expects to achieve a 50-percent increase in revenue in China this year, to nearly $115 million, with a 60/40 split between replacement and original equipment market sales. In 2006, China contributed only 1.5 percent to Yokohama's global tire sales, but by 2017 that will be closer to 10 percent, Sakamoto said.

Besides its aftermarket presence in that nation, Yokohama is a major OE supplier to the Chinese assembly operations of Honda Motor Co. Ltd., Mitsubushi Motors Corp., Toyota Motor Co. Ltd. and Suzuki Motor Co. Ltd. Sakamoto said the firm has exclusive supply status in China for the Toyota Camry and the Honda Civic.

Being an OE supplier is quite important in China, Sakamoto said, because 70 percent of Chinese car buyers want to replace their vehicles' original tires with the same brand as the OE tires. This contrasts sharply with Japan, where fewer than 30 percent of consumers stick with the same tire.

"Chinese customers don't know they can change the tire," Sakamoto said.

Passenger tires also are exported from China for sale in the Japanese aftermarket, but for now at least, Yokohama is not exporting to the U.S. from China.

"Aftermarket sales (are) getting higher and higher," he said. "We need to ride the wave."

Hangzhou Yokohama has made a change in its source for natural rubber. Earlier this year, the company reported it began using NR in its tire production grown on China's Hainan Island. The company declined to name the supplier.

Previously all natural and synthetic rubber was imported from Japan and Southeast Asia. SR is still imported, and Sakamoto said he expects the Chinese NR to be exported to Yokohama in Japan in the future.

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