October 18,2024
The Thailand Board of Investment (BOI) has approved the investment promotion application by Continental AG group's Continental Tyres (Thailand) Co., Ltd. to spend a total of 13.4 billion baht (USD400 million) to expand its tire plant in Rayong Province and boost annual production by an additional 3 million high-performance radial tires, mostly for export, reaffirming Thailand's status as the World's second largest tire production base.
October 15,2024
Recently, Qin Long, chairman of Sentury, announced that the first batch of tire products from the company's Morocco factory officially rolled off the production line. This marks that after successfully operating two intelligent factories in Thailand, Sentury has jumped out of Southeast Asia, where China's tire production capacity is increasingly concentrated, and successfully realized "Going Global 2.0".
October 11,2024
In 2024, China's tire industry continues to be hot, and the annual output of rubber tires is expected to exceed one billion, which is closely related to the strong competitiveness of Chinese tires in the world.
October 08,2024
On September 27, Linglong Tire announced that it had reached a strategic cooperation with Real Madrid, a world-renowned top football club, and officially became its global partner!
September 27,2024
Judging from the development ambitions of the above-mentioned backbone tire companies, Guangrao's tire industry has overcome the difficult period of capital chain. Through market-oriented means and industrial integration, this top 100 counties in China is ushering in a new wave of development.
September 24,2024
On September 21, local time, TRB Rajaa, Minister of Industry of Tamil Nadu, India, said that the groundbreaking ceremony for the expansion project of tire giant Michelin's manufacturing plant in Chennai was held.
September 13,2024
Nokian Tyres is looking to take sustainability further with a new raw material, one sourced from birch bark.
September 10,2024
On September 6, the commissioning ceremony of the first phase of Doublestar Cambodia tire factory was grandly held in the Special Economic Zone of Kratie Province, Cambodia. Xie Wudi, Secretary-General of the Cambodian Development Council, Vanthan, Governor of Cambodia's Kratie Province, Chai Yongsen, Chairman of Doublestar Group, Zhang Qirong, Chairman of Zhongqi Group, leaders of relevant Cambodian government departments, partners, and representatives of Doublestar's global dealers attended the event.
September 06,2024
On August 30, Qingdao Sentury disclosed its 2024 semi-annual report. In the first half of 2024, the company achieved operating income of 4.11 billion yuan, a year-on-year increase of 16.21%; net profit attributable to the parent company was 1.077 billion yuan, a year-on-year increase of 77.71%; non-net profit was 1.059 billion yuan, a year-on-year increase of 81.56%.
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