Monthly Archives: November 2016

In fact, this is not the first time Bridgestone face the market questioned

In fact, this is not the first time Bridgestone face the market questioned, since 2016, Bridgestone has more than recall. Bridgestone recall of tires 2900 Firestone FR710 and Champion Fuel Fighter tire this year in the United States, the reason is Bridgestone confirmed 32 tires suspected of manufacturing defects, the tire wire above the rubber cover thickness may be inconsistent, will cause the tread separation, there are security risks.

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In order to be prudent, Bridgestone voluntarily recalled about 2900 tires, the recalled tire including Firestone FR710 tires, size 205/65R16; Champion Fuel Fighter tire size of 205/65R15 and 205/70R15; the beginning of the year, due to quality problems, may lead to tire in the tread peeling, Bridgestone has recalled 36 thousand FS561 FengChiTianXia through truck tires; then, and recall some of the Super Cat tire specifications for 215/60r 1695V, the reason is the Department tire tread and belt defects, which will enable the tire quickly discouraged, may cause the vehicle out of control.

In frequently burst quality problems at the same time, the first half of this year, Bridgestone is the performance of global major tire manufacturers in the most severe decline of enterprises. The first half of the performance shows Bridgestone announced the 2016 fiscal year, net revenue of 1 trillion and 646 billion 567 million yen, 1 trillion and 855 billion 494 million yen over the same period last year fell 11.3%. Operating profit of 218 billion 241 million yen, 237 billion 792 million yen over the same period last year fell 8.2%. Net profit of 123 billion 353 million yen, 144 billion 650 million yen over the same period last year fell 14.7%. In another part, involving the use of Bridgestone tires, and give consumers a potential security risk of auto manufacturers, there was no statement.

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Pesticide prices become the main line of the operation of the market

in October is the whole industry around the ACE

exhibition held a new round of production season started in light reserve cargo key.

At present, most domestic products have the basic inventory to the end, all varieties

rebound significantly, environmental security situation is tighter, product inventory

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low, market based raw materials and intermediate prices, supply and demand has become the

main factors affecting the market trend is tight, raw materials prices become the main

line of the market operation, greatly enhance the market activity.

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In September 12th two domestic glycol Market Overview

finance G20 Hangzhou summit, part of the domestic equipment operating rate rise, stock still has some support on the spot. Look forward to the September traditional seasonal increase in demand, supply and demand in the face of price to deposit a certain positive support. Short term, two glycol or high consolidation.

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Overview two glycol market of some areas in China in September 12th:

The operation of the Dushanzi Petrochemical two glycol device is reasonable, the ex factory price of 5780 yuan / ton, enterprise output normal, reasonable inventory, sales mainly in xinjiang. Device manufacturers to produce 400 tons nearby.

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Jintan local industry supply and Marketing Co. Ltd. 85% formic acid water from the price of 2400 yuan / ton

Jintan local industry supply and Marketing Co. Ltd. 85% formic acid water from the price of 2400 yuan / ton, temporary price stability, normal sales.

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Lawton Shanghai Fine Chemical Co., formic acid (formic acid content greater than 85%) offer 1900 yuan / ton, the normal sales.

Zhangzhou Xiangcheng Three Chemical Co. Ltd. 85% formic acid price is 1900 yuan / ton, temporary price stability, normal sales.

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The plastics industry globalization to promote mergers and acquisitions

Mergers and acquisitions in the past 15 years plastics industry trends highlight the industry globalization.
In 2015, although not with plastic enterprise M & a record year, but also very close to the new record.

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Tom Blaige is chief executive of Chicago Blaige company, the company contributed to plastics, packaging and chemical industry of the 6 transactions. He pointed out that in 2016 with the merger of plastic capital recent meeting last year and plastic industry trade reached 523, only less than 536 in 2014 and 540 in 2010.
In 2001 and 2002, the number of transactions is only about 200.
He said: “to increase the number of transactions mainly from transnational activities, has little relationship with the United States, most of cross-border transactions. ”

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Food and plastic products will enter the quality supervision and inspection

daily AQSIQ product quality supervision department director Zhang Wenbing said that in October 20th,

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to the society for the 2017 national product quality supervision and inspection of consumer goods directory recommendations, votes the top five products are food and plastic products, toys, school supplies, automotive brake lining, baby, they will all 2017 was included in the directory.

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