Chinese machinery firm signs order with Indian tire-maker

Guilin, China – Guilin Rubber Machinery has recently signed a curing press order with an Indian customer, worth “hundreds of millions of yuans”, according to its parent group ChemChina.

“Since the beginning of the year, the new orders signed by the company have a cumulative worth of nearly RMB160 million (€22 million),” said ChemChina on 5 April.

Among them, 93.7 percent are for export and of that amount 96 percent were for new products, said the statement.

According to the statement, Guilin Rubber Machinery has adopted a strategy to target international markets, and promote “new and quality curing presses”.

The customer that cooperated with the company last year had “quite favourable comments on the quality curing presses”, said Guilin Rubber.

“This laid the foundation for its placing the big order worth of hundreds of millions of yuans this year,” it added.