China is about to establish the fourth largest tire company in the world


According to foreign media reports, during the 2016 Essen exhibition, during a press conference held by Fengshen Tire, a senior manager revealed that Chinese tire manufacturers will soon form a world’s fourth-largest tire company. Currently, this new tire The company has not yet been named, but will exist under the protection of state-owned China National Chemical Corporation. In addition, Fengshen Tire will be reorganized with Pirelli, Qingdao Huanghai and Double Happiness tires, and the manager said it will not rule out further acquisitions.

National Tire & Rubber Co., Ltd.'s Tire Subsidiary Relations Diagram


China Chemical's activities in the tire and rubber industries are currently carried out by an intermediate holding company called China National Tire & Rubber Co., Ltd., or CNR for short, led by its general manager Bai Yuping. After the resignation of Aeolus Tyre Chairman Wang Feng, Comrade Bian 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, that is, a low limit, what did you spend for 50 billion? On June 8, 2016, the Fengshen shares that lasted for half a year were finally resumed. 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 need a group of people who dare to challenge the world. China, 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.



"Gravity Die Casting. A permanent mould casting process, where the molten metal is poured from a vessle of ladle into the mould, and cavity fills with no force other than gravity, in a similar manner to the production of sand castings, although filling cn be controlled by tilting the die."

Gravity Die Casting

Sometimes referred to as Permanent Mould, GDC is a repeatable casting process used for non-ferrous alloy parts, typically aluminium, Zinc and Copper Base alloys.

The process differs from HPDC in that Gravity- rather than high pressure- is used to fill the mould with the liquid alloy.

GDC is suited to medium to high volumes products and typically parts are of a heavier sections than HPDC, but thinner sections than sand casting.

There are three key stages in the process.

  1. The heated mould [Die or Tool] is coated with a die release agent. The release agent spray also has a secondary function in that it aids cooling of the mould face after the previous part has been removed from the die.
  2. Molten metal is poured into channels in the tool to allow the material to fill all the extremities of the mould cavity. The metal is either hand poured using steel ladles or dosed using mechanical methods. Typically, there is a mould [down sprue" that allows the alloy to enter the mould cavity from the lower part of the die, reducing the formation of turbulence and subsequent porosity and inclusions in the finished part.
  3. Once the part has cooled sufficiently, the die is opened, either manually or utilising mechanical methods.

Advantages

  • Good dimensional accuracy
  • Smoother cast surface finish than sand casting
  • Improved mechanical properties compared to sand casting
  • Thinner walls can be cast compared to sand casting
  • Reverse draft internal pockets and forms can be cast in using preformed sand core inserts
  • Steel pins and inserts can be cast in to the part
  • Faster production times compared to other processes.
  • Once the tolling is proven, the product quality is very repeatable.
  • Outsourced Tooling setup costs can be lower than sand casting.

Gravity Casting Parts

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