“Unexpected” tire and automotive parts growth cheers China’s rubber sector

Shen Jinrong CRIA conference700crop

Guangzhou, China – China’s rubber sector, as represented by China Rubber Industry Association members, saw a 4.4% increase in sales in 2016, compared with a 11.3% decrease in 2015, according to information released at the 2017 China Rubber Conference held in Guangzhou last week.

While two-wheeler tires, belt & hose, carbon black and scrap rubber reported a fall in sales growth rate, the rest posted better year-on-year results: the sector’s overall profit jumped 11.6%,…

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