Hamburg, Germany – HF TireTech Groupand Qingdao Doublestart have agreed to extend their co-operation, HF said in a recent statement marking the first anniversary of the partnership.
“In the future, Qingdao Doublestar will manufacture downstream equipment based on HF’s extrusion technology for the Chinese market,” said the Hamburg-based machinery maker.
Upstream equipment for all extrusion lines to be sold in China will continue to be engineered and manufactured by HF, the statement emphasised.
With this collaboration, said HF, the company is strengthening its market position while Qingdao Doublestart is getting access to HF's advanced technology.
Existing HF customers are not affected by the agreements and will continue to be advised and supported directly by HF.
HF and Qingdao Doublestar went into a partnership in summer 2014 to manufacture truck tire curing presses for the Chinese market, using HF’s know-how.
According to HF, initial successes have already been achieved by the partnership, which it said is characterised by an “intensive exchange of knowledge, training and quality assurance” provided by HF.