On the impact of power cuts, the response of tire companies

Release Time :2021-11-05

On the impact of power cuts, the response of tire companies 

Recently, under the background of "double control of energy consumption", the problem of power rationing continues to draw national attention.  

In the tire industry, some listed companies responded publicly to the fallout.   

Still have a part of enterprise to take this as the reason, issue product price rises notice. 

Tyre companies responded publicly

Guizhou Tire said on the network platform, at present, "double control of energy consumption" has little impact on the company, the enterprise production is normal.   

In addition to the National Day production and holiday for 3 days, Guizhou tire no plans to stop production.

Some plants in China have recently been notified of power cuts and operations have fallen slightly, Sailun Tire said.  

At present, this has no significant adverse impact on its production and operation, and the overall capacity utilization rate of the enterprise still maintains a high level.  

Linglong Tire said that the capacity utilization rate of individual factories has declined slightly due to the impact of limited electricity and other policies, but the overall capacity utilization rate remains at about 80%, better than the industry average.  

A wave of price increases hit

Recently, tire enterprises once again announced price increases. According to incomplete statistics, since September 25, more than 20 tire companies announced plans to raise prices.

Among them are a number of foreign brands and domestic first-tier brands.  

In the price notice of some enterprises, the price of electricity and raw materials has become the main reason for the price of tires.  

In addition, tire upstream raw material enterprises, there have also been price increases due to power rationing.

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