Forced natural rubber raw material cost pressures, in December 2010, most of the domestic tire companies increased 15% to 20% of the price.
Dec. 21, Bridgestone tires Tianbang Jun Wu, president of China Business, said, forced natural rubber raw material cost pressures, the company's tire sales in China this month has increased by 4% in mid-end price. According to its introduction in December of this year, most of the domestic tire companies increased 15% to 20% of the tire price.
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In mid-December, the annual Hankook Tire Dealer Conference held in Jeju Island, the top echelon of Hankook Tire and agents from representatives of major cities, nearly 200 people attended the meeting. In the 4-day meeting, senior and agents Hankook Tire Hankook Tire jointly reviewed the achievements over the past year, and seriously discuss the upcoming 2011 marketing plan.
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According to statistical data in the first half of 2010 and the current status of major tire company is evident that the Russian tire market after the financial crisis presents some new features: rapid recovery of the industry, import and export its surplus, consumers tend to choose low-grade tires.
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Not long ago, WTO announced that the United States from China, safeguard measures taken by the tire does not violate the rules of the organization. This means Truck Tyre that special protective measures more than a year before the expiration of the time, China's tire exports to the U.S. punitive tariffs of 35% will remain. In this regard, Qingdao City, tire companies have said that to enhance R & D initiative, product and marketing it well.
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According to statistics, 1 May 2010, China's rubber accumulated sales revenue of 220.504 billion yuan, an increase of 35.38%, higher than the same period last year increased by 31.57 percentage points. The conveyor belt in the situation is excellent and the hose, rubber seal products, small seals, construction vibration rubber products, automotive rubber manufacturing industry and stimulate the pull, the Chinese rubber industry has come out of the adversity of the global financial turmoil, rapid upward . Truck Tyre
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DSM Elastomers business of the purchase price of approximately 6 times the expected rate of its 2010 profit before tax, depreciation and amortization (EBITDA). The acquisition will spend LANXESS Group's existing liquidity, projected 2011 earnings per share during the year will achieve added value.
DSM and the Netherlands once the employee representative Truck Tyre consultation agreement, the acquisition will ultimately determine the terms of the contract. The acquisition will be submitted to examination and approval of the relevant anti-monopoly, is expected to be completed in early 2011.
Lanxess CEO Heitmann said: "We look forward to the field from the DSM EPDM professional team Jiaru Lang Sheng, want them to be our core business of synthetic rubber, a valuable asset. The acquisition will also achieve LANXESS 2015 within the scope of normal business income tax profit before depreciation and amortization (EBITDA pre exceptionals) of EUR 1.4 OTR Tyre billion in the ambitious target has taken an important step. "
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October 13, a total investment of 1.2 billion Swiss Rubber Co., Ltd. Anhui large annual output of 1.5 million high-performance all-steel radial truck tires, in the three mountain Economic Development Zone, Wuhu City, construction, filled the city in tire Truck Tyre manufacturing blank. In recent years, with the rapid development of Chery Automobile, the combined effect of its formation has attracted more than 400 domestic and foreign auto parts manufacturers located in Wuhu City, the automobile industry chain is constantly spreading OTR Tyre.
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May 2010, formally joined Techking ETRTO, the European tire and rim technology organization.
In view of the tire for the crucial contribution of road transport safety, the European Tyre and Rim Technical organization is committed to work with countries and international organizations and legislative bodies to make reasonable use of tire recommendation. Truck Tyre Techking great honor to be a member of the organization, hoping to make a greater contribution to the tire industry.
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