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Michelin completes Lexington plant expansion
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Chinese Tiremakers Urged to ‘Accelerate Transformation’
To change the low profitability of China’s domestic tire industry, enterprises need to improve core competitiveness, increase the technology content and added value of products, reinforce brand building, and make more consumers aware...
‘We want nearly 70% more premium tire capacity’
Over the summer, Groupe Michelin reviewed its capital expenditure program and 2015 financial outlook. The review followed the group’s “robust interim 2012 earnings performance,” which reflected its strategic vision, its competitive...
2012 top 75 global ranking tire and compared with 2011 ranking
2012Ranking
2011Ranking
Company / headquarters country or region
2011 tire sales (100 million U.S. dollars)
2010 tire sales (100 million U.S. dollars)
2009 tire sales (100 million U.S. dollars)
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Bridgestone...
ASEAN intends to mention the price of rubber tire industry fend underwriting profit
According to foreign media reports, the ASEAN market is reduced due to the decline in demand rubber exports, the tire manufacturer is trying to find alternatives tire rubber raw materials.
Rubber prices plunged 43% in the past year, mainly...
Rubber Seen Dropping As Chinese Inventories May Equal Record
Rubber is poised to drop as sustained supplies from Southeast Asia and falling demand fromChina’s tiremakers push stockpiles to match their record at Qingdao port, the main shipment hub, an industry executive said. Futures fell for the...
The world: in the first half profit increase tire manufacturers are still worried about decline in sales
According to French media reports, the Japanese tire manufacturer Bridgestone (Bridgestone) at August 7, 2012, the company announced its financial data in the first half of the year. In the meantime, Bridgestone net profit of 750 million euros,...
Michelin finishes first half with $1.1 billion profit
Groupe Michelin posted net income of 915 million euros on net sales of 10.7 billion euros for the first half ended June 30, 2012. That compares to income of 667 million euros on sales of 10.1 billion euros for the same period last year.
Based...
Weak demand, or inhibition of styrene-butadiene rubber prices in Asia
It is reported that, due to weak demand fundamentals have not changed, although the raw material butadiene (BD) Price recent substantial increase in the Insiders predicted that Asian styrene butadiene rubber (SBR) of the potential for price...
BASF plans butadiene extraction plant in Belgium
Ludwigshafen, Germany and Antwerp, Belgium – BASF plans to build a butadiene extraction plant at its Verbund site in Antwerp, Belgium. The plant will have an annual production capacity of 155,000 metric tons and is scheduled to start...
