Shaanxi Yanchang Petroleum Northwest Rubber Co., Ltd. is a tire company of Yanchang Petroleum. The company has a modern large-scale tire production base, with long-term development plans and strong financial support. Currently, Duraturn brand tires that extend rubber are fully expanding into the European and North American markets. In 2016, D&C occupies a market share of US tire replacement tires, which is approximately 1%. Extending the rubber said that at present, its British team is working closely with the Chinese parent company to win more market opportunities for D&C tires. The report said that the tire business is a key development direction for the extension of oil. The company has already set its sights on Europe and may acquire a well-known tire company based on the European market in the future. It is understood that in 2014, Yanchang Petroleum’s Hong Kong subsidiary acquired Canadian energy company Novus Energy for CAD 230 million. This transaction is the second largest asset purchase transaction between Chinese oil companies and Canadian companies. Chain Bucket Elevator,Chain Type Bucket Elevator,Discharge Chain Bucket Elevator,Gravity Discharge Chain Bucket Elevator Quantum Conveying Systems Yangzhou Co.,Ltd. , https://www.yzconveying.com
Shaanxi Yanchang Petroleum may become the next Chinese company to acquire overseas tire assets
Shaanxi extended rubber or acquired European tire assets
According to reports, following the China Chemical Rubber and Qingdao Double Star, Shaanxi Yanchang Petroleum may become the next Chinese company to massively acquire overseas tire assets.