· August tire production increased by 5.3% year-on-year

· August tire production increased by 5.3% year-on-year

The National Development and Reform Commission announced the operation of the chemical industry in August 2014. According to the reporter's understanding, in August 2014, the national rubber tire casing output increased by 5.3%. From January to August, the output of rubber tires was 73.132 million, an increase of 6.4%.
Data show that in August 2014, the added value of the chemical industry increased by 8.7% year-on-year, and the growth rate slowed down by 3.9 percentage points year-on-year. Among the main products, ethylene production increased by 14.2% year-on-year; the output of plastics, synthetic rubber and synthetic fibers in primary form increased by 14.9%, 11.5% and 3.7% respectively; the output of rubber tires increased by 5.3%.
From January to August 2014, the added value of the chemical industry increased by 10.9% year-on-year, and the growth rate slowed by 1 percentage point year-on-year. Among the main products, ethylene production was 11.41 million tons, an increase of 7.1%. The output of plastics in the primary form was 45.56 million tons, an increase of 12.1%; the output of synthetic rubber was 3.41 million tons, an increase of 11.4%; the output of synthetic fibers was 26.13 million tons, an increase of 7.2%. The output of rubber tires was 73.132 million pieces, an increase of 6.4%.

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