Ability to increase sales of China's emerging threat to the tire force

The latest statistics show that China's global tire industry has been growing influence can be clearly seen.

This year, there are 17 Chinese tire manufacturers to enter the "rubber and plastic Newsweek," scheduled for the world's 75 tires. This 17 Chinese tire manufacturers combined annual sales of 64 billion U.S. dollars more than the estimated global tire sales of 6%.

In that 17 Chinese tire manufacturer, Chinese history there have been a good business 1,000,000,000 U.S. dollars tire Co., Ltd. (GITI Tire Co. Ltd.). This is a 6 by the independent component of the Chinese tire plant, Singapore-based tire manufacturer.

According to the Chinese tire companies and international companies to disclose the tire from the summer of 2005 to the summer of 2006, China's investment in expansion projects over 900,000,000 U.S. dollars. In recent years, investment in the country nearly 35 billion dollars. At the same time, the Chinese government has all the control tire plant investment.

At present, there are 196 Chinese tire plant to hold the United States Department of Transportation (US Department of Transportation) issued by the tire plant code. This code, commonly known as DOT, manufacturers are selling tires to the United States will be necessary. At the most recent 18 months, the U.S. Department of Transportation tire factory China has issued 61 DOT code.

The production of industrial tires, motorcycle tires, tires and other special electric tire business, to expand China's influence even more.

In the above-mentioned 196 DOT code inside, there are 20 tire plants by 13 foreign-controlled companies. This 20 tire plants to form another combination of their total annual sales of about 2,000,000,000 to 3,000,000,000 US dollars.

A large number of Europe, the United States, Asian companies to set up production plants in China is also the phenomenon of tire continued to grow. In the foreign legion, is a leader in each of the three plants of Bridgestone Corporation (Bridgestone Corp.) Is a new and / Maxxis International (Cheng Shin / Maxxis International), is at the back of each of the two plants The Michelin (Michelin), Hankook Tire Company Limited (Hankook Tire Co. Ltd.) Kenda Rubber Industrial and Limited (Kenda Rubber Industrial Co. Ltd.).

Last year, Cooper Tire & Rubber Company (Cooper Tire & Rubber Co.) Company and Pirelli (Pirelli & CSpA) the acquisition of a Chinese tire companies; Yokohama Rubber Co., Ltd. (Yokohama Rubber Co. Ltd.)'s First China plant Begin. Tires in the world before 12, is currently China's only remaining (Continental AG) has not yet set up factories in China; However, the company has repeatedly statement is to discuss cooperation with Chinese enterprises and / or matters relating to mergers and acquisitions.

In the foreign legion, Hankook's largest production capacity, produce tires used by commercial vehicles and tires. In China, its two tire plants combined annual production capacity of 19,900,000 tires.

Industry statistics show that more than 300 active Chinese tire plant, although there are only a part of the production of bicycle tires, inner tubes and tires, or electric.

Only the main varieties of tires by using tires, light truck tires, tires in the cards, a bus tire speaking, China is already the world's third largest tire producer, is perhaps the largest exporters of tires.

Two years ago, Chinese exports to the United States has become a card in the tire / bus tires than any other country, but also exports to the United States by using tires and light truck tires in second place. In addition, China is the world's largest rubber consumer, the United States has overshadowed a back seat to the back.

Above it and boost the growth of the raw material, raw material suppliers to enter the tire industry and subsequently developed.

A case in point is China National Petroleum Company Limited (PetroChina Co. Ltd.) By the former state-owned petrochemical enterprises to change the current operating independently.

In April this year, the International Institute of Synthetic Rubber Manufacturers (International Institute of Synthetic Rubber Producers) meeting held in Barcelona, Spain, China National Petroleum Corp. synthetic rubber, director of the Department of Technical Wang Guilun (Wang Guilun) said his company's Development plan. The company plans over the next four years, the domestic production plant 5 to make synthetic rubber production capacity to double.

At present, China National Petroleum Corp. has 5 synthetic rubber plant with an annual output of more than 400,000 tonnes of synthetic rubber. Under construction until the completion of the new plant into operation each year to increase 530,000 tonnes of synthetic rubber, your director of the Fallon said that almost all of the synthetic rubber are left to the use of domestic enterprises.

As far as your director of Fallon, China last year, SR (synthetic rubber) production reached 1,630,000 tons, but the country still had to import about 1,200,000 tons to meet demand.