Multiple Tire Manufacturers, Laying Out Raw Material Bases!
Recently, there has been new progress in the second phase project of Guizhou Tire's annual production of 50000 tons of carbon black.
The project has completed the bidding for civil engineering and main production equipment.
It is said that its first phase project has reached production capacity.
After the second phase of the project is completed, this company will produce its own carbon black, which can meet approximately 80% of the demand of its domestic factories.
Apart from Guizhou tires, many manufacturers are laying out tire raw material bases.
Shandong Wanda Group's Wanda Baotong Tire and Nest Carbon Black have formed an industrial chain.
Jianda Tianxia Heilongjiang Factory has built a carbon black project as a supporting facility.
The Red Star Macalline Shanxi Linfen project includes a tire and carbon black base.
In addition to carbon black, tire companies also actively layout the rubber raw material industry.
Not long ago, Yuan Zhongxue, director of the National Rubber Center, stated that he would build a natural rubber production base in Cambodia.
Yanchang Rubber has its own rubber company in Thailand.
An industry insider stated that cost is one of the important factors determining whether a company can make profits.
To reduce costs and control upstream raw materials has become a new trend in the development of the tire industry.
It is expected that more tire companies will join this ranks in the future.
