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Looking back at 2013, the tire and rubber industries were suffering from uneven enjoyment and were on ice. The profitability of tire companies was generally good, and the profit of many companies hit a new high; while the price of natural rubber continued to fall, the rubber industry complained.
What happened to China's tire rubber industry in the past year? Which events have had a major impact on the industry? At the end of the year, Tire World Net made an inventory.
Tires were included in the "Three Guarantees" range of automobiles. In January 2013, the draft of the "Scope and Types of Major Components for the Three-Packs of Home Automotive Products" was solicited for public comment, which was organized by the National Service Standardization Technical Committee. 16 types of easily-losing automotive parts, including tires, were included in the "Three Guarantees" range.
In addition to tires, the lossy parts also include bulbs, batteries, wiper blades, spark plugs, air filters, and more. According to the Opinions, consumers may choose to replace easily consumable parts for free during the quality assurance period.
The Opinions clearly mention that “car three packs†refers to the acts of auto manufacturers, sellers, and repairers who repair, replace, and return the autos due to quality problems during the warranty period. The quality assurance period includes the warranty period, the “three guarantees†validity period and the quality assurance period of the consumable parts.
According to the analysis, after the tyres are included in the “Three Guaranteesâ€, they can purify the disorderly competition environment of the industry more quickly, improve the overall level of the industry, and promote the healthy development of the industry.
"Green Tires" hot pursuit into the industry <br> <br> the past two years, domestic and foreign tire companies are very concerned about the development of "green tire", the tire product advocating energy saving, environmental protection, safety, comfort trends are becoming evident, " Green tires have become the mainstream of the tire industry. In 2013, this trend was even more pronounced.
In May 2013, at the first international tire industry high-level roundtable held in Guangrao, Shandong, tire industry organizations, chambers of commerce, business executives, and experts and scholars from the United States, the United Kingdom, India, Thailand, and China, etc., jointly signed the “Guan Rao "Consensus" advocates global tire industry to strengthen exchanges and cooperation in resources, energy, technology, talents, etc., pay attention to the "green tire" research and development and application, achieve new breakthroughs in the recycling of waste tires, promote industrial development and environmental protection The continuous improvement.
"Green tires" refer to radial tires with new materials and designs. The rolling resistance of the tires is reduced, thereby reducing fuel consumption and exhaust emissions. Its promotion began in the EU. The main regulations include the REACH regulation and the tire labeling law. The core of the tire labelling system is the promotion of “green tiresâ€, which is also the trend and direction of the development of the tire industry in the world.
The birth of tire RFID RFID In June 2013, Kumho Tire became the first company in the world to incorporate RFID tags into tire products. With the introduction of labeling technology, Kumho expects to save 10.4 billion won (approximately 5.9 million pounds) in expenditures in the logistics, production, and quality sectors.
The RFID tag is a small, thin, patch-type tag that is glued to the rubber sealing layer in the tire shaping process. It is unique and non-replicable. After a high-temperature, high-pressure production process, it can still convey quality information. The special label is equivalent to installing an "electronic ID card" for the tire.
RFID tags can perform efficient and systematic management of all processes such as quality management, product process tracking, distribution channels, and outbound/outbound information in the tire production process, preventing the sale through the illegal distribution channels or the circulation of defective products.
It is predicted that tire RFID tags may become the tire industry's development trend in the future.
Natural rubber realizes spot trading On July 8, 2013, Bohai Commodity Exchange - Rubber Valley Natural Rubber Spot Trading Center was unveiled in Qingdao, Shandong. On November 27 of the same year, No. 3 smoke film adhesive was also officially listed on the Minhang (Rubber Valley).
At this point, the two mainstream varieties of natural rubber all achieve spot trading, filling the industry gap.
The trading center was built by Rubber Valley and Tianjin Bohai Commodity Exchange. Through professional integration of industry resources, we provide professional third-party services. The innovative rubber industry trading and circulation model enables companies in all aspects of the rubber supply chain to dock at the trading center and provides users with platform and one-stop services for account opening, spot trading, settlement, warehousing, settlement and financing, etc., by changing the original The trading model can promote the healthy and sustainable development of the rubber industry.
Toyo Tire accused Chinese companies of plagiarizing In August 2013, Toyo Tire & Rubber Co., Ltd. filed a trade complaint in the United States, alleging that more than 20 tire companies including Chinese companies copied their tread and sidewall designs.
In this complaint, Dongyang Tire claimed that tires made in China and Thailand have copied its proprietary designs for the Toyo and Nitto tire brands. Toyo Tire asked US trade agents to refuse to import products that infringe their patent rights.
22 manufacturers, importers and sellers who have been complained, including China Dongfeng Tyre Co., Ltd., Guangzhou Huanan Rubber Tire Co., Ltd., Shandong Linglong Tire Co., Shandong Yongtai Chemicals Group, South China Tire & Rubber Co., Ltd. and Weifang Shunfuchang Rubber Co., Ltd. the company.
At the beginning of September 2013, the China Rubber Industry Association, together with the Ministry of Commerce and Minmetals, called the above-mentioned Chinese companies to meet and actively responded to the development of the incident.
Tire industry brewing the first access standard In 2013, the China Rubber Industry Association organized the research and development of “tire industry access conditionsâ€. After the details are finalized, it will enter the solicitation stage, and the time of formal issuance has not yet been determined.
“Tire Industry Access Requirements†will specify the specific details of the tire product quality, energy and resource consumption of tire manufacturers, as well as the emission limits for water pollution and air pollution, and regulate the overall production capacity of the tire industry.
This access condition is both a challenge and an opportunity for companies. On the one hand, it will promote the domestic tire market to a higher level; on the other hand, for small-scale tire companies, this may be a "death verdict."
Tire Refurbishment is scheduled to be approved for inclusion in the list In November 2013, Zhu Jun, president of the China Tire Renovation and Recycling Association, said at the 2013 China Energy Conservation and Low Carbon Development Forum that the first approval list for the tire retreading industry has been finalized. The list of only 10 companies, the specific assessment of the direction including technology, quality, scale, environmental impact assessment.
According to the analysis, compared with the current tire renovation company with more than 1,000 companies, the list will have a major impact on the tire retreading industry.
The list was originally scheduled to be released at the end of 2013, but as of the date of publication, no relevant reports have been found.
Apollo acquisition of Cooper Tire failure <br> <br> local US December 30, 2013, the United States Cooper Tire & Rubber Company (CooperTire & RubberCo) announced the termination of the merger with the Indian Apollo Tires, which is prepared to US $ 2.5 billion acquisition of Cooper The tire plan ended in failure.
On June 12, 2013, the two parties signed a preliminary agreement and Apollo plans to acquire the entire shareholding of Cooper Tire at a price of 145 billion Indian rupees (about US$2.5 billion). However, Cooper’s joint-venture subsidiary Cooper-Ping Chengshan was opposed to the deal and workers resisted strikes. Afterwards, the deal suffered a series of setbacks, including US union opposition, price disagreements, and Cooper's belief that Apollo was trying to obtain favorable conditions through delaying tactics to cast a shadow over the deal.
In mid-November, Cooper filed an appeal with the Supreme Court of Delaware in the United States, accusing Apollo of tire delays and the appeal was rejected on December 17. Less than two weeks later, Cooper announced the termination of the merger plan, which ended the half-yearly mishmash.
European Union "Labor Law" tests Chinese tires On November 1, 2012, the European Union's tire labeling act was formally implemented. The EU, as an important market for Chinese tire exports, has had a serious impact on the development of the domestic tire industry since the "Labeling Law" was introduced for a year. According to statistics, the EU labeling law directly affects the number of tires exported by China.
The EU Tire Label Regulations stipulate that tyres for passenger cars, light truck tyres, truck tyres and buses sold in the European Union must be labelled to indicate the tyre's fuel efficiency, rolling noise and level of wet grip. The goal is to reduce energy consumption in Europe by 20% by 2020.
The EU "Green Tire" mandatory labeling act is divided into two phases. At present, most domestic semi-steel tires can meet the EU's first-stage standards, 30% of all steel tires can not meet, and most semi-steel tires, 70% of all steel tires can not meet the EU's second-stage standards.
The market barriers established by the European Union's tire labeling law have seriously hampered the export of domestic tire companies, but on the other hand, the EU's implementation of the tire "labelling method" will also promote the Chinese tire industry to increase its technical strength, and gradually eliminate backward production capacity and accelerate industrial restructuring. , improve product quality.
Raw material price cuts Tire manufacturers profit innovation high In the first three quarters of 2013, both domestic and foreign tire companies benefited from the drop in raw material costs, tire production and sales improved, tire companies generally profitable, maintaining a high level in the first half, there are many companies The profitability level is a new high.
From the perspective of domestic listed companies, the revenues of both Sai Wan and Chiaton have both experienced double-digit growth, and their net profit has increased significantly. The gross profit margin level is slightly higher than the average level of the industry; Fengshen's operating income has declined slightly, but its profit level has remained good.é»” Tire sales revenue fell steadily, and profit increased significantly year-on-year, narrowing the gap between the profit margins of Fengshen, Sai Wan and Jiatong.
In addition, Goodyear’s revenue for the first three quarters of 2013 reached US$1.2 billion, a 19% increase over the same period of the previous year, a record; Hankook’s global sales in the third quarter was 1.8 trillion won (approximately US$1.62 billion). The operating profit was 244.2 billion won (about 220 million US dollars), an increase of 9.9% year-on-year, and the profit rate was 13.6%. Michelin's operating profit for the first half of the year reached 1.153 billion euros, and the profit rate reached 11.3%.