The Chinese rubber industry experienced its greatest annual slowdown ever in 2015, with one of the industry’s leading products, tires, finishing the year with negative growth. The downturns in the Chinese and global economies were major contributing factors. In fact, the growth rate of the global economy’s real gross domestic product (GDP) was around 3 percent in 2015, the lowest...
The Chinese rubber industry must boost productivity, alternative energy use and strive for digitization if it is to reach its targets for 2025, says Fan Rende, Honorary Chairman of the China Rubber Industry Association (CRIA). Speaking at the China Rubber Conference held in March in Qingdao, Shandong Province, the 73-year-old Fan outlined the tasks facing the domestic Chinese industry in...
Bridgestone Corp. (TYO:5108) is looking at leveraging Japan’s forte of manufacturing and rolling out its technology on a global scale, says Yukio Saegusa, director of the company’s Advanced Tire Production System Division. To this end, the company is putting effort into optimizing production and introducing cutting-edge technology. Presently within Bridgestone’s 10 tire factories domestically, Saegusa said that the company has enhanced the...
Amid weak movement in rubber overall, Asahi Kasei Chemicals Corp.’s (TYO:3407) solution-polymerized styrene-butadiene rubber (S–SBR) business has found relatively robust performance in its specialty area of high-performance products. The company has felt some impact with a portion of its product lines due to the economic downturn in China, a large consumption market. However, demand in Asia on the whole has...
Continuing on from “Fuel-Efficient Tire Manufacturers in Japan: Report (Part 1),” we are looking at what individual tire manufacturers are doing. Yokohama Rubber – Bringing Added Value With Increased Safety in Driving A bolstered product lineup in Yokohama Rubber Co. Ltd.’s (TYO:5101) fuel-efficient tires, namely with its BluEarth series, brought a more than two-fold increase in 2013 – with 223...
The Japanese tire labeling system for defining fuel-efficient tires began in January 2010 as a voluntary industry standard, covering rolling resistance and wet-grip performance. Thanks to the continuous marketing efforts of tire manufacturers, the penetration rate of fuel-efficient tires in line with the grading system has steadily grown. However, these same manufacturers are finding it increasingly difficult to differentiate their...
