On May 24th, under the guidance of the National Development and Reform Commission, the China Petroleum and Chemical Industry Association led the national major technical equipment project for truck-mounted radial tire equipment and engineering radial tire. The acceptance committee highly praised the project's success, stating that it has equipped China with the capability to supply complete sets of equipment for radial tire production enterprises and key components for engineering radial tire manufacturers. This achievement is expected to significantly boost the growth and competitiveness of China’s radial tire industry.
According to Du Ronglin, director of the Technical Equipment Office at the China Petroleum and Chemical Industry Association, the project involved the development of 35 prototypes, including large-scale rubber compounding systems, extrusion-calendering cutting equipment, molding and vulcanizing machines, as well as testing devices. These were developed by 16 companies and research institutes. The project achieved advanced technical standards comparable to global counterparts, featuring innovation, high performance, and reliability. A total of 69 national patents were obtained, including 17 invention patents, highlighting the project's technological breakthroughs.
The implementation of this project has notably reduced the investment required for China’s radial tire projects and increased the market share of domestic equipment. For example, in a 300,000-tyre-per-year project, the previous cost was between 700 million to 800 million yuan, with imported equipment costing 10 to 40 million U.S. dollars. Now, the cost has dropped to 200 to 300 million yuan, with minimal foreign exchange needed. By the end of 2005, 662 sets of equipment had been deployed across dozens of tire companies both domestically and internationally. The project generated 1.764 billion yuan in sales revenue and 320 million yuan in profits and taxes, with an impressive input-output ratio of 1:20. Additionally, 49 exported units brought in 14.36 million U.S. dollars in foreign exchange, saving 2.7 billion yuan for tire companies and 550 million U.S. dollars for the country.
The acceptance committee commended the successful execution of the project, especially the strong collaboration between manufacturers and users. This cooperation set a valuable model for future projects. The completion of the project enabled China’s rubber machinery industry to develop a series of technologies with independent intellectual property rights and international standards. It enhanced the industry’s capacity for independent innovation and market competitiveness, driving the overall development of the rubber and tire sectors.
Currently, China has three rubber machinery companies ranked among the top ten globally, and ten companies have entered the top 30. This reflects a significant improvement in China’s international standing within the sector.
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