China Sunsine is one of the largest producers of rubber accelerators in the world and also the largest producer of insoluble sulphur in China.
It engages in the manufacture and sale of rubber chemical products such as rubber accelerators, anti-oxidant agents, vulcanizing agents, and insoluble sulphur.
The bulk of its products are sold to tyre makers that consume most of the global supply of rubber, driven by growth in the automotive industry. Some of its customers include Bridgestone Corporation, Michelin Group, Goodyear Tire & Rubber etc.
Some of the biggest Tyre Makers in the world
In terms of geographical breakdown, 64%of its revenue comes from the People’s Republic of China. The rest of Asia contributes 24% of its revenue.
I attended China Sunsine’s annual general meeting to find out more about the soaring Average Selling Price (ASP) and its outlook for the year ahead.
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