From January to July 2014, one of China's largest tire export bases, Dongying City, Shandong Province, rubber tire exports amounted to 2.142 billion US dollars, of which exports to the United States 510 million US dollars, accounting for 23.8%.
However, with the continued fermentation of the US “double-reverse†incident on Chinese tires, the outlook for tire exports seems to be less optimistic. According to the survey, since the "double anti-" news has been released, tire orders from the United States are decreasing.
Relevant persons of Shandong Hengfeng Rubber & Plastic Co., Ltd. recently told the Tire World Network that due to factors such as the US “double oppositionâ€, the domestic tire exports to the US market will be reduced by 1/3 compared with the normal situation.
Dongying Business Bureau data show that in the first seven months of 2014, Changfeng Rubber's Changfeng tire exports amounted to US$216 million, accounting for about one-tenth of Dongying's total tire exports. In the first half of the year, among the top three exporters of Dongying City's tire processing trade, Changfeng Tire and Hengfeng Rubber and Plastics accounted for two of them.
Hengfeng Rubber & Plastics official website said that its tire products are sold nationwide and exported to Europe, the United States, Africa, the Middle East, Southeast Asia and other parts of the world. The access certification has passed the US Department of Transportation Quality and Safety (DOT) certification, the European Economic Commission. Product Safety (ECE) certification, Brazil (INMETRO) certification and Indonesia (SNI) certification.
The company’s person told Tire World that although “double-reverse†will affect the US export business of its tires, it has already prepared for many things, especially the export destination is not limited to one market in the United States, effectively reducing the United States. The impact of "double anti".
It is understood that Hengfeng Rubber & Plastics' main business is tire production. The products cover a full range of all-steel radial truck tires and semi-steel car tires. The brands include HIFLY, Changfeng (CHANGFENG) and Shuangfeng. The company has 4 million sets of all-steel radial truck tire factories and 12 million sets of semi-steel radial tire factories.
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