Qingdao Delphy Technology Development Co.,Ltd.

  • Sumitomo Rubber's profits continue to grow February 18,2025

    Sumitomo Rubber's profits continue to grow

    Recently, Sumitomo Rubber Industries (SRI) released its 2024 performance report, with sales of its tire business increasing by 4% year-on-year to 1,046 billion yen, and operating profit increasing by 20% year-on-year to 76 billion yen.

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  • Nexen Tire announced 2024 performance February 14,2025

    Nexen Tire announced 2024 performance

    Recently, Nexen Tire reported that its operating revenue in 2024 reached a record high of US$2.1 billion, an increase of 5.4% over the previous year, driven by a gradual increase in average selling prices and solid growth in the European and Korean markets.

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  • Kumho Tire's performance continues to grow February 11,2025

    Kumho Tire's performance continues to grow

    On February 6, Kumho Tire announced its 2024 performance forecast, with full-year revenue of KRW 4538.1 billion, a year-on-year increase of 12%; profit of KRW 433.9 billion, a year-on-year increase of 91%, a six-fold increase in profit compared to 2020. Industry insiders believe that in 2024, Kumho Tire's performance continued to grow rapidly, mainly due to breakthrough progress in market expansion, product innovation, and capacity layout.

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  • Yokohama Rubber completes acquisition of business February 07,2025

    Yokohama Rubber completes acquisition of business

    Yokohama Rubber Co. (YRC) has completed the acquisition of Goodyear’s off-the-road (OTR) tire business, valued at $905 million (€878 million), the Japanese group reported 4 Feb.

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  • Michelin held opening ceremony for center warehouse February 04,2025

    Michelin held opening ceremony for center warehouse

    Recently, the opening ceremony of the Michelin Tire national logistics center warehouse was grandly held, marking another important layout of Michelin in the Chinese market.

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  • China's tire exports reached 680 million January 24,2025

    China's tire exports reached 680 million

    According to data released by the General Administration of Customs of China on January 18, China's rubber tire exports reached 9.32 million tons in 2024, a year-on-year increase of 5.2%; the export value was 164.5 billion yuan, a year-on-year increase of 5.6%.

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  • Plans for a new tire factory in Egypt January 21,2025

    Plans for a new tire factory in Egypt

    Recently, Egypt’s prime minister Mostafa Madbouly held a meeting with Wang Jianjun, party secretary and executive director of China National Tire & Rubber (CNTR), and Sun Ding, deputy general manager, in the New Administrative Capital. The two sides exchanged views on investment in Egypt's tire industry.

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  • Michelin won two ESG awards January 17,2025

    Michelin won two ESG awards

    On January 11, 2025, the 8th Boao Enterprise Forum was grandly held in Hainan. Michelin China won the "2024 ESG Energy Saving and Carbon Reduction Innovation Enterprise" award for its outstanding performance in green tires, smart services and green factory construction. At the same time, Michelin China and Mongolia president and CEO Matthew Ye was named one of the "Top Ten Influential People of 2024" for his leadership in promoting green innovation and low-carbon development. These two honors recognize Michelin China's outstanding contributions and extraordinary influence in environmental protection and sustainable development.

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  • Wanli Tire Cambodia factory held a groundbreaking ceremony January 14,2025

    Wanli Tire Cambodia factory held a groundbreaking ceremony

    On January 12, the groundbreaking ceremony of the Wanli Tire Cambodia production base under Guangzhou Industrial Investment Holdings Group (GIIHG) was held in the New Bavet Special Economic Zone in Svay Rieng Province, Cambodia.

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