China Tire & Rubber Co., Ltd. Tire Subsidiary Relations Diagram

China Chemical's activities in the tire and rubber industries are currently being carried out by an intermediate holding company called China National Tire & Rubber Co., Ltd., or CNR for short, which is controlled by the general manager of the company. Bai Yuping leads. After the resignation of Aeolus Tyre Chairman Wang Feng, Comrade Bai Qiping became Chairman of Fengshen Tire.

Selling and buying three, accounted for Shandong Aeolus shares (17.190, 0.00, 0.00%) (600469) announced on the evening of June 6, 2016, the company intends to buy cash from the controlling shareholder China Rubber Co., Ltd. Chongxin Double Happiness ") 100% equity, 100% equity of Qingdao Huanghai Rubber Co., Ltd. ("Huanghai Limited"); in cash to Pirelli, a Chinese rubber indirect holding subsidiary, purchased 10% of Pirelli Industrial tires, and at the same time traded in cash to Pirelli The 80% equity interest in Jiaozuo Fengshen Tire Co., Ltd. ("Jiaozuo Fengshen") held for sale was sold. The transaction did not constitute a major asset reorganization.

Fengshen said that the purchase of Huanghai Limited, C&S Double Happiness and the purchase of 10% of Pirelli Industrial tires in this transaction will generate investment income, which will not result in a decline in profits. At the same time, after completion of the transaction, Fengshen will add 3.3 million industrial tires and the production capacity will expand from Henan to Shandong and Shanxi, which will help reduce the cost of product transportation. In addition, the company and the Yellow Sea Limited, China Motors Double Happiness will form a wide range of synergies in production, procurement, research and development, marketing and other aspects. With the sale of Jiaozuo Aeolus equity, the company will set up a tire business for passengers, which will reduce the losses incurred by the business and enable the company to focus more on the product development and marketing of industrial tires.

At the opening, it was a low limit and what did you spend for 50 billion? On June 8, 2016, the Fengshen shares that lasted for half a year were finally relisted. However, in less than 25 minutes, Aeolus shares fell by 10.01% and was capped by the daily limit. When the market closed at 15:00, it fell 9.95%. On this day, the acquisition of Pirelli, a well-known Italian brand, from its holding company, China Rubber, took effect at the administrative and judicial level for exactly one week. This made the well-known all-steel radial tire manufacturer and the largest construction machinery tire manufacturer become Hot focus of the industry. Many people said: "What has China Chemical Industry spent 50 billion in the end?"

The first four seats in the global tire market have always been occupied by Michelin, Bridgestone, Horse Brand, Goodyear, and Pirelli, and their long-term monopoly position is unassailable. Among the top 75 global tire companies that were released in 2014 and 2015 consecutively, Zhongce Rubber ranked 10th for two consecutive years. This is also the highest ranking among Chinese tire companies. No Chinese tire company has ever been in the top five. China National Chemical Industry Co., Ltd. is an ambition. The new company will directly cut its previous rankings and cut it off. The biggest possibility is to get rid of Goodyear. Last year, Goodyear’s revenue was reduced, which is lower than that of a horse. In fact, Goodyear’s third position is already Beyond the horse. This year, it is possible that in the 75 ranking, the horse will be ahead of Goodyear.

Whether it is a great ideal or an unrealistic dream, Chinese tires require a group of people who dare to challenge the world. China, as the world’s largest tire producer, has no company that can compete with other tire brands in the world. We hope that with the strong support of China National Chemical Industry Corporation, this dream will be realized and Chinese tire companies will enter the world's tire industry as soon as possible.

PTA Powder

Main application:Repair and strengthen workpiece surface, significantly

Welding method:PTA welding

Main equipment:PTA welding machine

Flame core temperature: about 10000℃

Technological characteristics:PTA has high temperature, concentrated energy, stable combustion, small heat affected zone, fast welding speed, high production efficiency, easy to obtain low dilution rate of surfacing layer, surfacing layer and workpiece matrix are metallurgical bonding,, bonding strength is high.

PTA welding technology is one of surface strengthening methods, which has high deposition rate, low dilution rate, and could be applied with many kinds of powder. The manufacturing craft of PTA powder is normally gas atomization, which reduces satellite of powder. We supply 4 main categories of PTA powder: Nickel-based alloy powder, Iron-based alloy powder, Cobalt-based alloy powder and Mixed Powder.

Nickel Based Alloy Powder possesses high temperature resistance and wear resistance, it is the most popular alloy powder applied by PTA welding both domestically and internationally. Coating hardness is within the range of HRC 30-60. It could be applied to various industries like agriculture, plastic, paper, marine and steel making where wear and corrosion protection needed. Some examples are plunger, moulds, pump leaf and screw.

Iron Based Alloy Powder is more widely used and a more economic choice. With high abrasive resistance, it is more commonly applied to mining tools, drilling tools and mixers of iron and steel making industry, coal industry, shaft, oil and energy industry.

Cobalt Based Alloy Powder is recommended for corrosion and oxidation resistance, with better hot hardness values than equivalent Nickel based alloy powder. It is widely applied to steel making industry, coal industry and mining industry.

Mixed powder mainly refers to NiCrBSi mixing with other hard-phase powder such as cast tungsten carbide and other cemented alloy powder, which allows the powder better hardness around HRC60 and excellent abrasion resistance.

Mixed powder is more often used for mining equipment for oil sands, lignite, oil drilling tools, excavator buckets, extrusion screws for plastic processing, grain and oil processing, etc.

PTA Powder,Iron Based Alloy Powder,Cobalt Based Alloy Powder,Nickel Based Alloy Powder

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