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Eternal Group News

China tire export recovered in March

Recently, China’s Customs released tire export in the first quarter of 2020. Statistics showed that Chinese tire export obviously recovered in March, but affected by export diving in January and February, tire export in the first quarter still declined. In March, there was 600,000 tons of tire exported in March, yearly increasing 2.9%, and realized […]

Eternal Group News

Asian tire production may grow 3.6% by 2025

Recently, research institution Smithers released its Asian Tire Development Report during 2020 to 2025. The report said that there would be 1.3 units of tires produced in Asia in 2020, which would be worth of 97.4 billion dollars. Affected by COVID-2019, tire market growth may slow down in 2020, but the report predicted that it

Tyre Brand

China sets threshold for tire retreading and recycling industry

China’s Ministry of Industry and Information Technology (MIIT) recently released “Tire Retreading Industry Entrance Criteria (draft)” and “Waste Tire Comprehensive Utilization Industry Entrance Criteria (draft)”, and was seeking advice from the public until March 8th, 2012. “Tire Retreading Industry Entrance Criteria” requires that established tire retreading enterprises must have no less than 10000 tires per

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