This year marks the first anniversary of the cooperation between HF TireTech and Qingdao Doublestar. Since the partnership began, Qingdao Doublestar has been manufacturing truck tire curing presses for the Chinese market using HF’s know-how, HF engineering and HF’s extensive experience in this area. The cooperation is characterized by an intensive exchange of knowledge, training and quality assurance provided by HF.
Now both partners have agreed to extend their cooperation. In future, Qingdao Doublestar will manufacture downstream equipment based on HF’s extrusion technology for the Chinese market; upstream equipment for all co-extrusion lines to be sold in China will continue to be engineered and manufactured by HF.
Through this collaboration, HF is strengthening its market position, while Qingdao benefits from access to HF’s advanced technology. Existing HF customers are not affected by the agreements and will continue to be advised and supported directly by HF.
August 26, 2015