BEIJING (May 24, 2011)—Production of radial tires in China in the first three months of 2011 increased by 8.7 percent, O-ring output jumped 35 percent and automotive antivibration products manufacturing rose more than 45 percent, according to the China Rubber Industries Association.
Overall, tire exports increased slightly in the first quarter, rising to 40.9 percent of total tire production, the CRIA said. Total tire output rose by 5 percent, but this includes the impact of a 14- percent reduction in output of bias-ply tires.
The CRIA said profitability in China’s rubber industry continues to decline because of the increased prices of raw materials.
Source: http://www.rubbernews.com/subscriber/email.html?id=1306262597
No comments:
Post a Comment