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China’s cover tire climbs 4.1% in July

In July, China’s chemical industry’s additional value increased 11.4%, compared to the same period in 2013. But its growth rate decreased 0.4 percent points. Amongst, synthetic rubber production yearly jumped 26.2%, and cover tire production climbed 4.1%, according to statistics from China’s development and Reform Commission.

Numbers showed that China’s additional value in chemical industry year-on-year rose by 11.2% during January and July. Synthetic rubber’s production up by 11.8% to 2.98 million units, and cover tire up by 8.4% to 642.29 million units in the same period.  
(By Amanda,