Sales increased by 2.2% to RMB5,551 million, but gross profit fell to RMB1,298 million from RMB1,636 million in 2010
TOP STORY
Tyre Industry: Speeding up towards sustainability
Amid environmental issues over rising carbon emissions, the rubber/tyre sector is stepping up ...
ARDL: Discover Excellence in PPE Pharmaceutical and Microbiological Testing with ARDL
In the ever-evolving world of the medical and pharmaceutical industries, ensuring the ...
Tyre Sector: Turning the wheels for green solutions in tyres
Disruptive technologies in tyre manufacturing now focus on reducing environmental impact through materials ...
CRIA calls for abolishing of duty
Chinese tyre producers don’t have a level playing field in international trade due to high customs duties…
GTC recalls tyres
More than 12,000 advance extra grip AR215 radial light truck tyres were recalled by GTC North America…
Conti forecasts higher tyre sales and buys Indian firm
GERMAN automotive firm Continental expects its sales to rise more than 5% in its current fiscal year while its sales last year rose 17% to EUR30.5 billion. Its tyre division had combined sales of EUR8.8 billion from passenger and light…
Sibur sells tyre plant to Pirelli
RUSSIAN petrochemical company Sibur has finalised the transfer of its Voronezh tyre plant to Pirelli and Russian Technologies joint venture. This follows the transfer, also from Sibur, in December 2011 of the Kirov tyre plant. The joint venture has invested…
Goodyear’s record earnings
Despite a lower unit volume in the fourth quarter of 2011, its sales were up 12% to US$5.7 billion compared to last year…
Second orange oil tyre from Yokohama
JAPANESE firm Yokohama Tyre’s Avid Ascend tyre features its orange oil technology. Made at its US plant, the tyre is suited to a variety of applications ranging from crossover vehicles and passenger cars to minivans.It is said to possess a…
NZ seeks solutions for old tyres
The government will provide funding of US$133,000 to the Product Stewardship Foundation for recycling tyres…
Apollo Tyres strengthens position
To increase its global footprint, Indian firm Apollo Tyres will build new facilities in Eastern Europe and Brazil…
Bridgestone enters guayule and Thai markets
The firm’s US operations is researching on the viability of using guayule as an alternative to natural rubber in tyres…