Swedish auto parts supplier Trelleborg (Trelleborg) has recently acquired a company in eastern China, to expand the group special-purpose tire products in China market, especially the agricultural tire market. Details of the transaction were not disclosed.
It is reported that, Trelleborg has acquired the Chinese company's existing facilities, but also absorbed about 180 employees. Chinese companies acquired U.S. Maine Industrial Tire LLC, a subsidiary of the Group in China. Trelleborg said the completion of this acquisition, the company will become China's largest independent production of agricultural tires foreign producers, the acquisition is not only convenient for customers in China, but also for the domestic market in China, serving customers in Europe and America.
Trelleborg Wheel Systems business, said president Maurizio Vischi, "China has great potential for agricultural machinery market. At present half of China's agricultural activities to be completed by manpower, vehicles and machinery is rapidly replacing the human. "
The company said that by expanding operations and reduce production costs, was acquired this plant will increase Trelleborg Wheel Systems business in China, the competitiveness of foreign markets.
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Rhodia has announced, will the United States and Europe in high dispersion silica production capacity 32,000 tons.
The company's Chicago Heights, Illinois plant expansion project in the fourth quarter of 2011, while in France Port-au-plant expansion project to be put into operation the first quarter of 2012. The two projects together just recently put into operation in Qingdao, China 7.2 million tons production capacity, investment will enable the company three high dispersion silica capacity growth of 40% or more.
The company said the expansion project will ensure that it is a global tire manufacturers to provide high-quality white carbon black, to meet the demand for fuel-efficient tires.
Development and Reform Commission, according to the latest report, China now has more than 440 tire companies, number of employees 28 million people. In 2010, China's tire industry presents three major characteristics: rapid growth of product output, foreign trade will gradually enlarge the investment to maintain rapid growth.
2010, the year China produced 776 million tire rubber tires, an increase of 19.8%. Total imports and exports 11.45 billion U.S. dollars tires, up 34.8%; which exports tires 369,677,000, an increase of 22.3%, higher than the growth rate of tire production. Whole industry invested a total of 35.44 billion yuan, an increase of 29.5%, the growth rate higher than the total national growth rate of investment assets of about 5 percentage points.
Since October 2010, by the rapid rise in the price of natural rubber, tire costs have risen sharply, and enterprises have fallen sharply, a considerable number of companies have plunged into losses. If the long-term high Jiaojia continues, it will seriously affect the healthy development of China's tire industry.
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Recently, the third Asian Essen Tire Show in Shanghai. Essen Tire Show (REIFEN) is the world's most famous tire development, this has attracted more than 20 countries from more than 200 exhibitors, it is clear "Do cars market " is the biggest incentive. In this exhibition, like Hangzhou Zhongce, Shanghai, double the money, the first tires and other large domestic manufacturers have introduced a large number of new high-tech tires, but the market was still not ideal. "Why China's joint-venture automobile manufacturers do not choose their own brand of tires?"The problem to work out a lifetime of rubber Ju Hongzhen confused, Ju Hongzhen is the honorary president of China Rubber Industry Association.
"comparable to the quality of domestic brand tires, brand influence is worlds apart. " Ju Hongzhen said that in front of a huge market, own-brand tire business is still in a weak position. At present, the annual sales income of over three billion of the tire company, Hangzhou Zhongce, Triangle and exquisite Group, tire companies have prepared to have a specific brand building on the plan.
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OEMs are looking for a new green power, as a major tire auto parts, manufacturers have also put into this green wave, through the production of raw materials and production process on the update, the introduction of environmentally friendly products have appeal to the occupation This emerging market
Every night at 7 o'clock, when people pass the time, Citigroup Tower, Pudong, Shanghai, will find in the building side of a giant Michelin villain, here is a bunch of rolling green numbers: it records since 1992, Michelin Listed on the green tire, reduce fuel consumption and reduce its carbon dioxide emissions, real-time data.
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Swedish auto parts supplier Trelleborg (Trelleborg) has recently acquired a company in eastern China, to expand the group special-purpose tire products in China market, especially the agricultural tire market. Details of the transaction were not disclosed.
It is reported that, Trelleborg has acquired the Chinese company's existing facilities, but also absorbed about 180 employees. Chinese companies acquired U.S. Maine Industrial Tire LLC, a subsidiary of the Group in China. Trelleborg said the completion of this acquisition, the company will become the production of agricultural tires in China, the largest independent foreign producers, not only facilitate the acquisition of customers in China, but also for the domestic market in China, serving customers in Europe and America.
Trelleborg Wheel Systems business, said president Maurizio Vischi, "China has great potential for agricultural machinery market. At present half of China's agricultural activities to be completed by manpower, vehicles and machinery is rapidly replacing the human. "
Truck-Tire,OTR-tires,OTR-Tyre,Chinese-tire
Development and Reform Commission, according to the latest report, China now has more than 440 tire companies, number of employees 28 million people. In 2010, China's tire industry presents three major characteristics: rapid growth of product output, foreign trade will gradually enlarge the investment to maintain rapid growth.
2010, the year China produced 776 million tire rubber tires, an increase of 19.8%. Total imports and exports 11.45 billion U.S. dollars tires, up 34.8%; which exports tires 369,677,000, an increase of 22.3%, higher than the growth rate of tire production. Whole industry invested a total of 35.44 billion yuan, an increase of 29.5%, the growth rate higher than the total national growth rate of investment assets of about 5 percentage points.
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Fujitsu Research Institute in its latest report "2010 Global Automotive Chemicals present and future demand," said the this year's global vehicle manufacturers use synthetic resins, elastomers and rubber demand will reach 44.8 billion, an increase over 2009 13.7%, but still more than 46 billion U.S. dollars in 2008 is slightly lower.
The report noted that the next 3 years, the automotive industry, these materials will also be required to continue to grow 9.2% annually, the market demand in 2013 will reach 56.2 billion U.S. dollars. Among them, the engineering plastics market value of about 18.5 billion U.S. dollars, general demand of about 17.1 billion resin, thermoplastic resin demand of about 106 billion U.S. dollars, about 7.9 billion synthetic rubber, rubber elastic body about 21 billion U.S. dollars. 2009 global vehicle resin and rubber consumption was 8.506 million tons. The auto parts widely used both inside and outside about 40% of polypropylene resin, polyamide resin, about 8.8%, ABS, 7.2%, 6.7% of thermosetting polyurethane, polyethylene, 5.3%, other 32%.
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