ERJ staff report (DS)
Beijing - Hangzhou Zhongce Rubber Co., Ltd. Is China's biggest rubber company, with sales of yuan 28,411 million (euro 3410 million) in 2011. This is according to data from the China Rubber Industries Association published last week.
Editor's note, the data provided by CRIA gives (in translation) a figure 100 times lower than reported above. In August last year Hangzhou Zhongce reported half-year sales of yuan 13,600 million and forecast full-year sales of yuan 28,000 million. ERJ believes the auto-translation tools insert a factor of 0.01 to these numbers. Thus when interpreting the translated data from CRIA, ERJ has multiplied by 100 and advises readers to do the same.
The list covers the top 100 companies based on 2011 sales revenues. The top ten -- all tyre manufacturers -- are listed below:
- Hangzhou Zhongce Rubber Co., Ltd.(yuan 28,411 million)
- Cheng Shin Rubber Industry Co., Ltd. in Xiamen (yuan 22,146 million)
- Giti Tire (China) Investment Co., Ltd. (yuan 19,800 million)
- Triangle Group Co., Ltd. (yuan 17,000 million)
- Exquisite Group Co., Ltd. (yuan 11,000 million)
- Double Coin Holdings Ltd. (yuan 10,800 million)
- Aeolus Tyre Co., Ltd. (yuan 10,100 million)
- Xingyuan Tyre Group Co., Ltd. (yuan 10,000 million)
- Guizhou Tyre Co., Ltd. (yuan 7,500 million)
- Shengtai Group Co., Ltd. (yuan 7,300 million)
The largest non-tyre company in the list is Jiangsu Xingda Steel Cord Co., Ltd. , placed at no 14, with sales of yuan 5520 million. Xingda is followed immediately by China Bekaert Steel Cord Co., Ltd. Placed at No 15 with sales of yuan 5320 million
The largest non-tyre rubber product company is Anhui Zhongding Holding (Group) Co., Ltd. Placed at No 16 with sales of yuan 5204 million
The largest carbon black supplier is Jiangxi Black Cat Carbon Black Co., Ltd. Placed at No. 20 with sales of yuan 3380 million
The largest chemical supplier is Jiangsu Sinorgchem Technology Co., Ltd. Placed at no 27 with sales of yuan 2561 million
The list covers categories such as tyre, cycle tyre, steelcord, carbon black, rubber products, machinery and moulds, shoes, innertubes, waste rubber, chemical additives and dipped latex goods.
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Report on CRIA website (Chinese language) (includes link to top-100 list in Chinese language)
Above report auto-translated from Chinese