Skip to main content
Sister Publication Links
  • Rubber & Plastics News
Subscribe
  • My Account
  • LogIn
  • News
  • Technology Focus
    • Features
    • Technical Papers
    • Analysis: Rubber mixing plants of the future
      Analysis: US probes dumping by ESBR suppliers
      Opinion: Tire labels stuck in a rut
      Analysis: NR pricing takes one step forward, two steps back
    • Technical paper: Varying Si-substituents for rubber silanes
      White paper: Role of tire innerliners in improving 'in-use rolling resistance'
      White paper: Why tire air retention matters now more than ever
      Nippon Soda: Use of 1,2-polybutadiene in CSM rubber applications
  • Events
    • ERJ Events
    • ERJ Livestreams & Webinars
    • Industry Events
    • Journey to Automation Awards 2020
      Sustainability: Top 10 E4S projects table
  • Maps & Reports
  • People
  • Directory
  • Digital Edition
  • Brainiac
MENU
Breadcrumb
  1. Home
  2. News
July 18, 2017 12:00 AM

Challenges persist for Chinese tire manufacturers

Shahrzad Pourriahi
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    *See the ERJ Special Report in the Sept/Oct issue of European Rubber Journal magazine for the full Q&A interview with Bart Kalkstein about the future role of carbon black in the era of sustainability.

    London - China-based  tire manufacturers reported a decline of around 7% in sales for 2016 compared to the previous year, ERJ’s analysis of figures supplied by the China Rubber Industries Association (CRIA) and company reports show.

    And, as was the case in 2015, most of China’s larger tire makers suffered lower revenues in their home currency based on slowing domestic demand and the effects of growing import restrictions in major export destinations – the US in particular.

    Looking only at figures from companies with recorded sales for both of the last two years, the year-on-year decline comes in at 6.5%: $17,841.5 million compared to $19,087.6 million in 2015.

    Despite a 12.6% drop in sales, Zhongce Rubber Group retained a solid hold on top position in our chart: its 2016 sales of $2,687.6 million, keeping it comfortably ahead of its nearest rivals.

    Summary from report published in the China Tire Report 2017, a supplement with the July/Aug issue of European Rubber Journal magazine. 

    RECOMMENDED FOR YOU
    Bridgestone unveils major upgrade at off-road tire plant 
    Bridgestone unveils major upgrade at off-road tire plant 
    ETRMA adding Nexen Tire Europe, tire organisations as new members
    ETRMA adding Nexen Tire Europe, tire organisations as new members
    Sentury to build tire storage and experience centre
    Sentury to build tire storage and experience centre
    Free Newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Get the latest news impacting the European rubber industry, from breaking news to razor-sharp analysis, in print and online.

    Subscribe now
    Connect with Us
    • LinkedIn
    • Twitter
    • Youtube

    Logo
    Contact Us

    @ 2019 European Rubber Journal. 
    European Rubber Journal is published bi-monthly by NUERJ Ltd.

    Registered Office: Castle House, 89 High Street,
    Berkhamsted, Hertfordshire HP4 2DF, United Kingdom. 

    Tel. + 44 (0)203 196 0141 

    Registered No. 13104613 England

    Email: [email protected]

    Website www.european-rubber-journal.com

    Customer service 

    Tel. + 44 (0)203 196 0141 

     

    Resources
    • About us
    • Contact Us
    • Advertise with Us
    • Media Kit
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 2021. NUERJ LTD. All Rights Reserved.
    • News
    • Technology Focus
      • Features
      • Technical Papers
    • Events
      • ERJ Events
      • ERJ Livestreams & Webinars
      • Industry Events
    • Maps & Reports
    • People
    • Directory
    • Digital Edition
    • Brainiac