Seven tire companies produce rubber overseas
To overcome China's natural rubber shortage, some tire companies have built up rubber plantation or process factory in Southeast Asia, as following:
|
Companies |
Countries |
Projects |
Size |
Total investment |
|
Yongyi |
Laos |
Rubber plantation |
300,000 Mu |
|
|
Hengfeng |
Myanmar
|
Rubber plantation |
30,000 Mu |
2000000 Yuan |
|
Bayi |
Thailand |
Rubber Process Factory |
150,000 tons/year |
|
|
Shanxi Yanchang |
Thailand |
Rubber plantation |
100,000tons/year |
|
|
Double Coin |
Thailand |
Rubber Process Factory |
90000 tons/year |
Taking over 70% share |
|
Sailun |
Thailand |
Rubber Process Factory |
|
32,000,000 Yuan |
|
Double Star |
Malaysia |
Rubber Process Factory |
30,000 tons/year |
|
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
