Chinese company wins carbon black orders from tyre makers

Hong Kong--China Energy & Carbon Black Holdings, Inc (CHEY) has announced that its wholly-owned subsidiary, YaKeLa Carbon Black (''YaKeLa''), received production contracts totalling 8,300 tons of its specialty carbon black from 4 major tyre and rubber makers in China.

In a statement, CHEY said, "Hongzhou Chong Che Tire Company and Gui Zhou Guiyang Tires the 2 largest tyres manufacturers in China, have respectively placed orders of 4,000 tons and 2,500 tons of YaKeLa's ''dalxin'' and ''Tabei'' brands of specialty carbon black. Also Dong Hua Rubber Limited and Dong Tian Rubber and Chemicals Limited have awarded purchase contracts of 1,000 and 800 tons of carbon black, respectively." According to YaKeLa, the average selling price of these brands of carbon black is $425 per ton.

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Press release from CHEY

Hongzhou Chong Che Tire Company website

Gui Zhou Guiyang Tires website

Dong Hua Rubber Limited website