Local tire enterprises should promote development through the reorganization and acquisition
2009 results have just experienced a "blowout", the domestic tire industry, the economy will be facing the degree of downward pressure. In 2010 the domestic tire industry is facing exports, foreign competition, rising costs and many other factors, will undoubtedly make matters worse the domestic tire industry. Some experts believe that in 2010, China's tire industry is facing even greater challenges, reduced exports, bankruptcy, industry consolidation mergers and acquisitions, find new export, are facing enormous challenges in front of them.
In 2010 out of the domestic tire industry go? Both from the national government departments, trade associations, or enterprises, the industry said that the proposed regulate domestic tire industry, encourage and support domestic backbone enterprises restructuring and mergers and acquisitions, the formation of large tire enterprise groups, to form a scale advantages of large tire enterprise groups, depending on the domestic market and the expansion of Africa, South America, Eastern Europe, the Middle East, ASEAN, and other emerging markets, and strive to improve market share.
Of foreign capital to accelerate the layout of the domestic market
While the domestic tire industry complained again and again, but this does not prevent foreign-funded enterprises to accelerate expansion in the domestic ambitions. As China's automotive industry is booming, with matching tire industry has also become quite great potential.
It is understood that the world's top 10 multinational tire companies, have now settled down in China. Former state-owned key enterprises tires, 50% of foreign mergers and acquisitions. Radial tire market for more than 80% of the domestic share of foreign tire manufacturers has also been eroded.
The world's seventh largest tire manufacturer Hankook Tire relevant person in charge an interview with reporters, said that in recent years, Hankook Tire achieved excellent results in many areas, especially in 2006 from 2001, the world's first 11 tire manufacturers became the seventh largest tire manufacturer, and continued to the present, they benefit from the long-term cooperation with the China market. Hankook Tire China's global development and play an indispensable role.
And as the world's second-largest tire manufacturer, Michelin announced early in January this year, will invest in Shenyang, China by using one billion U.S. dollars building and truck tire plant, the plant put into operation in 2012. February 2, Michelin Youyi 170 million yuan transferee of the transfer of dual-money Group Inc. for nearly 30% stake in Shanghai Michelin Warrior fully take over the company.
Hangzhou Yokohama Tire Passenger Car Tire Factory is the fourth phase expansion plan to capacity from three million to 5.1 million. In addition, the Toyo Tire & Rubber Company also announced that January 28, will invest 9.8 million U.S. dollars in China, Zhangjiagang, Jiangsu Province, set up a wholly-owned subsidiary, the production cars and light truck tires.
Through the re-acquisition of maintenance of tire industry
The Customs Department has released data showing that a special protective case, the impact on China's tire exports have become apparent. General Administration of Customs import and export monitoring and early warning showed that from January to November last year, China's total exports of 270 million tires, valued at 6.9 billion U.S. dollars, compared with the same period in 2008 decreased 7.4% and 8.5%. 10,11 in particular, for two months significantly reduced export volumes.
China Rubber Association, the Secretary-General Fan Rende believes that 2010 will be "tire case of special protection" to undermine China's tire industry, the worst year, due to tires and other rubber products in the world market has no clear warming trend, which adds to our rubber industry difficulties in running this year, may be entering the new century, the development of rubber industry in China since the most difficult year.
Even if heavy pressure from the domestic tire industry, unlimited prospects, and no one can be avoided. The key is how to move forward to resolve the resistance, in 2010 the tire industry a viable direction in where?
As the national industrial development plan of the National Development and Reform Commission trade proposal should be actively encouraging domestic appeal, to minimize the damage; the same time, encourage and support domestic backbone enterprises restructuring and mergers and acquisitions, the formation of a large tire enterprise groups, to form a scale advantages of large tires enterprise groups, and strive to build a strong brand, the brand break through bottlenecks, increase market share and so on.
"Domestic tire companies are quite a few, but the vicious and disorderly competition, should be strictly qualified enterprises streamlining and reorganization, to encourage corporate restructuring mergers and acquisitions, adjusting the industrial structure, to achieve industrial upgrading." Blunt even the industry proposals.
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