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Guizhou Tyre: The carbon black project is implemented by the company's subsidiary, Guizhou Qianjin New Materials Co., LTD

2019-04-13


Guizhou Tyre (000589.SZ) stated on the investor interaction platform on April 16 that the carbon black project is implemented by the company's subsidiary, Guizhou Qianjin New Materials Co., LTD. It is mainly based on the development of a circular economy and the improvement of comprehensive benefits, which will have a positive impact on stabilizing the supply chain. At the same time, the tail gas produced from the production of carbon black can replace coal for burning boilers, thereby reducing coal consumption

Everyday AI Newsflash: An investor asked on the investor interaction platform: With the significant price increase of carbon black this year, can the company's carbon black production capacity significantly reduce the cost of self-produced tires?

Guizhou Tyre (000589.SZ) stated on the investor interaction platform on April 16 that the carbon black project is implemented by the company's subsidiary, Guizhou Qianjin New Materials Co., LTD. It is mainly based on the development of a circular economy and the improvement of comprehensive benefits, which will have a positive impact on stabilizing the supply chain. At the same time, the tail gas produced from the production of carbon black can replace coal for burning boilers, thereby reducing coal consumption.

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