There were 461 million tons of tire produced in Shandong Province in 2016, Tireworld's journalist learned from the 6th Shandong Rubber Industry Meeting holding in Tai'an Shandong Province on July 3-4.
Amongst, there were 30,0117,000 units of radial tires produced in 2016, taking 53.1% of China's total production;70,142,400 units of full-steel radial tires produced,taking 58% of China's total production, and 229,824,600 units of half-steel radial tires.
Rubber process is an import industry in Shandong Province. Tire production accounts for over 50% of China's total production;conveyor belt accounts for 45% and rubber chemicals accounts for 40% in China.
In 2016, large rubber companies realized 416.575 billion yuan of sales revenue, realizing 26.68 billion yuan of profit.