TST is on a roll. Adapting to the latest revolutionary trend of Industry 4.0 in tire manufacturing, this trend-setting Chinese tire machinery major is forging ahead developing automation, intelligent and informational tire equipment and internationally advanced intelligent tire production equipment and production workshops in a bid to stay as a front runner in the global tire machinery industry
VLADIVOSTOK, Russia (Reuters) – Japanese firms dealing with Russia were experiencing little impact from U.S. sanctions on Moscow, but it was possible that they may also be sanctioned by the United States, the managing executive officer of Sumitomo Corporation said on Tuesday.
“At this moment we are not that affected,” Hideki Yamano told Reuters on the sidelines of the Eastern Economic Forum at the Russian Far East port of Vladivostok.
Asked if future projects by Japanese firms might be hurt because of the U.S. sanctions, Yamano said it was possible.
“We are closely monitoring the development (with the new sanctions,” he said.
WASHINGTON – The U.S. Department of Commerce has levied antidumping duties of 5.86 percent against most rubber band imports from Thailand.
Dundee, Scotland – French tire maker Michelin has warned of potential job cuts at its tire production plant in Dundee amid “extremely challenging trading conditions”.
In a 10-Sept statement, Michelin said it expected the plant’s output to fall “significantly below capacity” from 6.2 million units in 2017 to a maximum of 5.4 million per year over the next three years.
The company has cited an “influx of cheap tires from Asia and falling demand for smaller premium tires” for the decline in output.
Tokyo – Japanese materials supplier Shin-Etsu Chemical has announced plans to invest ¥110 billion (€854 million) in the next two-and-a-half years in its silicones operations, a core business of the company.
As part of the commitment, the Tokyo-based company will expand production capacity for silicone monomer – the intermediate product of silicones – and various types of silicone fluids, resins and rubber end products at the company’s main bases in Japan and globally.
Changshu, China – ContiTech AG has expanded its footprint in China with the opening of a production plant for 3D blow mould hoses in Changshu.
The company announced 28 Aug that the RMB 70 million (€10 million) production unit will supply hoses for high-performance turbochargers for automotive OEMs.
The hoses, ContiTech confirmed to ERJ, will be made of thermoplastic elastomers, expanding the company’s products and solutions portfolio within the Chinese automotive industry.
Perpetuus Carbon Technologies Ltd, a subsidiary of Perpetuus Advanced Materials Ltd, announce the completion of a ‘real world’ road testing programme of car tires enhanced with its surface engineered graphenes.
Director Mr. Ian Walters said, “This 6-month competitive testing programme, has definitively demonstrated the economic benefits and advantages of including Perpetuus surface modified graphene fillers within a tire elastomer”.
Cochin Rubber Merchants’ Association has said that the decline in rubber output will be more than 15 percent due to floods. President of the Association GP Goyal has told Moneycontrol that the rubber tapping has completely stopped for last 15-20 days.
Workers from Bihar and Orissa left Kerala and product sale has drastically come down, he said. Prices have not gone up much because the import is taking place and North Indian states are getting material from Tripura.
DONGYING, China — Shandong Yongtai Group Co. Ltd., one of China’s largest tire makers, entered court-ordered administration on July 16 as the company faces a variety of legal issues.
Shanghai, China – Shandong Linglong Tire Co is planning to build a $994.4 million (€863 million) tire production plant in the Serbian Zrenjanin Free Trade Zone in north Serbia.
In a 20-Aug filing with the Shanghai Stock Exchange, the Linglong announced that construction work on the company’s first European production site will officially start next April.
The project will be completed in three phases, and at full capacity can produce 13.62 million high-performance radial tires per year.