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11-01
19

Cooper Tire U.S. expansion

Dow Jones reported, Cooper Tire has announced that the U.S. auto market demand is recovering, the U.S. market in 2010 in order to meet the needs of the first half, the company will invest 10 million U.S. dollars, Findlay, Ohio plant for expansion. The Ohio plant expansion project will bring 100 new jobs.

 Cooper John Bodart, vice president of North America, said: "Cooper Findlay, Ohio plant is critical for the Group, will be several upcoming light truck and SUV tire production base for new products. "
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11-01
19

Access conditions for the recent introduction

"tire industry access conditions (draft) " is now issued to the relevant institutions and enterprises within the industry, in comments after the recent official documents will be released by the Ministry of Industry. File from the industrial layout, scale, technology and equipment, energy consumption and other aspects of new project requests.

 Discussion paper noted that the new truck radial tire production capacity of the project should reach 1 million or more, light truck radial tire production capacity of the project should reach 5 million or more. Tire production capacity of existing concentrated areas such as east coast will not set up a new project.
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11-01
17

How China's rubber industry out of the woods

Fan Rende China Rubber Industry Association, said recently that 2010 will be a "safeguard action" on the most serious damage to the tire industry in China a year, tires and other rubber products, the world market is not significantly warmer, which adds to run the Chinese rubber industry difficulties in 2010 may become the new century, the development of rubber industry in China since the most difficult year.

Fan Rende also pointed out that currently China's rubber industry is facing its own economic development in transition and the external market environment, the dual test of complex, despite the adverse external environment, many factors, but in 2010 also contains a greater hope and opportunity of the year. The state will continue to implement measures to stimulate the development of the automotive industry, rubber industry closely related, the development of automobile industry in 2010 will be the rubber tires and other automotive products, stable and rapid development of important pull factors.

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11-01
17

China's import tariffs dropped substantially Rubbe

China's Ministry of Finance recently announced the news show, in 2010, China will continue the implementation of selected tax on natural rubber, and appropriate to reduce the amount of tax from the amount of taxable standards.

 Table shows the tax rate in 2010, China reduced import tariffs of natural rubber 23%, to 2,600 from 2009 yuan / ton (below) fell to 2,000 yuan / ton; Yan Pianjiao cut import tariffs on nearly 38% from 2009 to 2600 Yuan / ton, down 1,600 yuan / ton.

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11-01
11

Rubber production cuts led to a severe drought in

Yunnan Rubber production cuts caused by drought, has been on the industry chain downstream impact tire industry. However, reporters yesterday from Goodyear, Bridgestone, Michelin and other tire dealers informed of Chongqing, a slight increase as ex-factory price, tires prices have risen recently, but the prices of raw materials caused by severe drought in Yunnan, yet formed in the tire industry, a new round of price cuts.

It is understood that since late last September, the important rubber-producing areas in Yunnan Xishuangbanna sustained high temperature and drought. During this time, precipitation than the same period the year more than 58% below normal. Due to persistent drought, have brought large areas of rubber production. Statistical data show that the general price of rubber tires, the current 24,000 yuan per ton to 25,000 yuan, and the same period last year, an increase of 100%.

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11-01
11

Rubber production cuts caused by drought, or 20%

"If we continue to dry, the rubber must be big cuts this year!" Yesterday (March 24), braved 30 degree heat, fifth in Jinghong farm field seven of the original team captain Zhou Aimin, pointing to hoe Jinghong City Ge, a hillside village on the rubber, said that this year production will be reduced by 20% to 30%.

"April is the tapping around the peak of water is large rubber tree", Yunnan Institute of Tropical Crops Research Associate Huzhuo Yong said that if this critical period can not ensure adequate moisture, the growth of rubber tree will be greatly affected.

"Capital with the possibility of drought is growing speculation," Zhuo record information on the construction of natural rubber Lei, an analyst said the stock has been pre-plastic company to digest about 70%, user needs, drought cut the soil to provide for capital speculation.

3 / 4 bed naked rubber cut about 20% of the main producing areas
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11-01
10

Tire Technology Summit 2010 held in Shanghai

After years of efforts, China has quickly become a major player in the international tire industry and plays a significant impact. Tire production and export volume has occupied leading position in the world. But in recent years as rising raw material prices, the national macro-control policy constraints, and foreign technical barriers and increase trade friction, especially in the case of special protection in 2009, making the development of China's tire industry is facing a severe situation.

2010.5 25 -26, Shanghai, "the second session of the Tire Technology Summit 2010" will be held in the first session of the General Assembly on the basis of a successful, continue to monitor the tire industry's most cutting-edge technology and trends, interpret policies and regulations worldwide, and more broadly involved in the tire industry, upstream and downstream. The conference will draw from the tire manufacturing and vehicle manufacturers, world-renowned universities and research institutions, the world's leading testing and certification institutions, about 200 experts and scholars. Taking into account coincides with the meeting held during the 2010 Shanghai World Expo, the organizing committee specially organized lectures and VIP guests of the Expo day visit.

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11-01
10

Because the tire manufacturer orders

Because the tire manufacturer orders from the surge in prices prompted the natural rubber tire manufacturers look for cheaper alternative raw materials - synthetic rubber, synthetic rubber prices are likely to be the world rose sharply.

 Because of tight supply of natural rubber prices rose to a record over 3.50 U.S. dollars / kg (3,500 U.S. dollars / ton, 2,590 euro / ton), as Thailand - the world's largest natural rubber producing countries - from the extreme dry weather problems.

 Synthetic rubber prices now seem to be more expensive synthetic rubber prices in Asia to maintain 2500-2850 U.S. dollars / ton level, market participants said. Natural rubber and synthetic rubber are substitutes available, prices are usually in linkage state.

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