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American tire manufacturer discloses selling price

American tire manufacturer discloses selling price

Tire manufacturers have long been reluctant to disclose the selling prices of tires, but recently that is changing. Bridgestone North America recently began publishing the tire manufacturer's suggested retail price on the Bridgestone and Firestone websites

Apollo Tire plans to build a plant in Southeast Asia

Apollo Tire plans to build a plant in Southeast Asia

Apollo Tyre is planning to build a plant in Southeast Asia in the near future and possibly another in Eastern Europe in the next few years, the head of the company's India operations said.

The cost of raw materials is falling and tire companies are selling poorly but making more money

The cost of raw materials is falling and tire companies are selling poorly but making more money

China's Yicai.com reported that rubber prices have fallen sharply in the past year as the auto market continues to slump, while the performance reports of several listed companies in the tire industry show that despite the decline in the sales of auto tires, corporate profitability is growing. Take Fengshen Stock as an example. From January to September 2012, the company achieved a total operating revenue of 6.977 billion yuan, down 12.4% year on year. Net profit attributable to the parent company reached 227 million yuan, up 5.2% year on year.

Four major problems have become the bottleneck restricting the development of Chinese rubber industry

Four major problems have become the bottleneck restricting the development of Chinese rubber industry

China Rubber Industry Association held a national rubber industry information conference with the theme of "Technological innovation, energy conservation and emission reduction, quality and efficiency Improvement" in Hangzhou on October 25-27, 2012. Fan Rende, honorary president of the association, pointed out that the rubber industry has four major problems, such as rising cost and weak brand influence.

India's natural rubber imports doubled in October

India's natural rubber imports doubled in October

India's natural rubber imports more than tripled to 18,326 tonnes in October as tyre manufacturers took advantage of lower prices in foreign markets to increase imports, the National Rubber Board of India said on November 22. Rubber output fell from 89,300 tonnes to 86,300 tonnes in October as Kerala, a major rubber producing state, cut rubber due to heavy rainfall. India is the world's fourth largest importer of natural rubber from Malaysia, Thailand and Indonesia.

The market size of mechanical automation products increased in the third quarter of 2012

The market size of mechanical automation products increased in the third quarter of 2012

The market size of rubber machinery automation products in China declined slightly in the first half of 2012, and the economic benefits of the rubber machinery industry declined, according to Chinacorp. After entering the third quarter, the industry situation did not see obvious recovery. The second half of the year is the peak season of the rubber machinery industry, but the market size of rubber machinery in the third quarter only increased by 0.6% quarter-on-quarter, lower than the normal growth in the third quarter of previous years.

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