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Hwa Fong Rubber (Thailand) PCL - GuruFocus.com

Hwa Fong Rubber (Thailand) PCL - GuruFocus.com
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Taiwan tire makers urge ITC to reject duties


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WASHINGTON The government of Taiwan, based on its analysis of the U.S. tire market, is planning to urge the International Trade Commission (ITC) at a hearing May 25 to render a negative final jury determination in the U.S. government s pending investigation of passenger and light truck (P/LT) tires from Taiwan and three other Asian nations.
In a 13-page written submission to the ITC ahead of the May 25 hearing, the Taipei Economic and Cultural Representative Office in the U.S. argues that: … we respectfully urge the ITC to conclude that the domestic U.S. P/LT tire industry is not suffering material injury nor threatened with future material injury by reason of P/LT tire imports from Taiwan. ....

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Bicycle Tyre Market to Grow by USD 477.69 Million, Accelerates at a CAGR of About 3%


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NEW YORK, April 28, 2021 /PRNewswire/
The bicycle tyre market is set to grow by USD 477.69 million, progressing at a CAGR of about 3% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Bicycle Tyre Market by Application and Geography - Forecast and Analysis 2021-2025
 
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bridgestone Corp., Cheng Shin Rubber Ind. Co. Ltd., Continental AG, Donnelly Cycling, Hermann Hartje KG, Hwa Fong Rubber Ind. Co. Ltd., MICHELIN, Rene Herse Cycles, THE GOODYEAR TIRE & RUBBER Co., and Trek Bicycle Corp. are some of the major market participants. The growing need for fitness activities will offer immense growth opportunities. To leverage the current opportunities, market vendors mus ....

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Hwa Fong joins Taiwan tire makers' bid for alternative to import duties


Hwa Fong joins Taiwan tire makers bid for alternative to import duties
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WASHINGTON Hwa Fong Rubber Ind. Co. Ltd., Taiwan s No. 5 tire maker which goes to market under the Duro brand, has added its support to the proposal four other Taiwan tire companies put forth a week ago as an alternative to import duties.
Cheng Shin Rubber Ind. Co. Ltd., Federal Corp., Kenda Rubber Industrial Co. Ltd. and Nankang Rubber Tire Corp. Ltd. submitted a proposal to the Department of Commerce on Jan. 13 asking the U.S. government to consider suspending its antidumping investigation into imports from Taiwan in exchange for pricing oversight on shipments into the U.S. ....

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