Tire production increases, exceeding 900 million mark Recently, the National Bureau of Statistics released tire production data for November 2023.
On December 20, the ceremony of the first rubber track successfully produced of Sailun Vietnam factory was held in Tay Ninh Province, Vietnam. Witnessed by leaders of the Group's centers, partners, and representatives of Vietnamese factory employees, the first rubber track was successfully produced in the phase III curing workshop of the factory.
On December 15, SAILUN INTERNATIONAL HOLDING (SINGAPORE) PTE.LTD., a wholly-owned subsidiary of Sailun, signed a "Joint Venture Agreement" with the local Mexican company TD INTERNATIONAL HOLDING, S.A.P.I.DE C.V. (hereinafter referred to as "TD Mexico"). The two parties plan to establish a joint venture and invest US$240 million (approximately RMB 1.708 billion) to build a PCR tire project in Mexico with an annual output of 6 million units.
An inventory of the sustainable goals of the world’s top 4 tire companies
The Ministry of Industry and Information Technology recently announced the list of national industrial design centers. With its leading design innovation ability in the field of industrial design, Qingdao Sentury Tire Co., Ltd. was successfully awarded the honorary title of "National Industrial Design Center".
Recently, the National Bureau of Statistics released tire production data for October 2023.
The 100,000-ton off-highway tire project of Sailun (Weifang) Tire Co., Ltd. is stepping up construction. Once completed, it will become the largest off-highway tire benchmark demonstration base in the domestic industry.
According to data released by the General Administration of Customs of China, in October 2023, China's new pneumatic rubber tire exports were 690,000 tons, 48.81 million units, and 11.94969 billion yuan, an increase of 15.9%, 18.8%, and 15.4% respectively in that month compared with the same period last year.
Michelin market trend data for October