ITC Stops Investigations into Chinese OTR Imports, Continues India, Sri Lanka Probe
The United States International Trade Commission voted to stop investigations against OTR tire imports from China. However, the commission voted to continue its investigation against imported OTR tires from India and Sri Lanka. There is “a reasonable indication that a U.S. industry is materially injured by reason of imports of certain new pneumatic off-the-road tires
USW Poised to File Chinese Truck Tire Dumping Petitions
Multiple unconfirmed reports from significant players in the U.S. truck tire market say that the United Steelworkers union will soon be filing a formal petition seeking relief from medium and heavy truck tires imported from China. Sources say that the filing will come by the end of next week, but could come even today. The
American Omni Offers Duty-Free Tires
Due to tariffs on Chinese-made passenger tires, American Omni Trading Co. has started importing several duty-free tire lines from Thailand. American Omni’s No. 1 brand is the Thunderer. The line features passenger, light truck, medium truck, ag and grader tires. The passenger line – Mach Series – covers tires from 13 to 20 inches with
EU Regulators Approve Chinese Takeover of Pirelli
China’s state-owned National Chemical Corp (ChemChina) took over Italy’s Pirelli, the fifth-largest tire maker, after European Union antitrust regulators approved its proposal on Thursday, reports Europe Online Magazine. Through its subsidiary, China National Tire & Rubber, ChemChina produces radial and off-road tires. “The proposed transaction [will] raise no competition concerns as the market share increments are modest,
ATD Almost There, But Chinese Tiremakers Face New Problem
As Maxwell Smart would have said, “Missed it by that much.” Fourteen places. That’s how close American Tire Distributors was to making the Fortune 500 list. The tire distribution giant logged in at 514 on the annual list, not quite on the big board, but well ahead of the days when it couldn’t even hit
Conti Increasing Capacity at Chinese Plant
Continental AG will increase production at its Hefei, China, plant from 5 million tires annual to 14 million tires by 2019. “Expansion of the plant forms part of our long-term ‘Vision 2025’ strategy in which, since 2011, we have systematically invested more than €2 billion in the establishment and expansion of global production capacities and
Chinese Tire Factories Coming to U.S., Says Major Distributor
[Editor’s Note: Among its many tire brands, Houston-based Horizon Tire Corp. represents a number of Chinese tire brands in the U.S. market, including Crosswind, produced by Shandong Linglong Tyre Co. This puts Horizon Tire close to the action when it comes to the impacts felt by the recent posting of countervailing and anti-dumping duties on
Kumho to Relocate Chinese Plants
Kumho Tire Co. will move all of its factories in Nanjing, China, following a government mandate in 2011 that said all factories in the city must be moved to the outskirts of to improve residential areas, according to the Korea JoongAng Daily. Kumho currently operates two plants in Nanjing – one that produces passenger car
Chinese Court Rules in Bridgestone’s Favor
China’s Zhengzhou Higher People’s Court has ruled that two Chinese companies, Jianxin Rubber (Fujian) Co. Ltd and PT. Beststone Rubber Industries Co. Ltd., infringed on Bridgestone Corp.’s design rights. The court ruled in October 2014 that a TBR pre-cure tread the companies manufactured and sold violated Bridgestone’s copyright, according to Tyres & Accessories. Bridgestone filed
Chinese Duties Now Effective
Effective Dec.1, importers of passenger and light truck tires from China are required to pay the 15.69% countervailing duties, according to the Commerce Department’s notice in the Federal Register. The new duty is retroactive 90-days from the publication date of the Federal Register. Three companies have been singled out by the Commerce Department to pay
