Crown Tyres is founded in Qingdao, China as a tyre trading company.

Crown Chemicals is started to meet the growing market demand for better raw materials for tyre manufacturing.

The first Tirecool full-service tyre retail store opened in China.

Crown Chemicals forms a long-term partnership with Nynas AB, an innovative specialty chemicals company in Sweden.

Gremax, the company’s first own tyre brand is launched in Asia, Europe and Americas.

Singapore subsidiary, Gremax Industrial, is set up as headquarters for the Asia Pacific operations.

Crown Tyre Americas is established in Florida and Suntek tyre brand is launched.

Xcellent tyre brand is launched.

UK office is opened by Crown Chemicals.

Crown Tyre office and warehouse opened in Europe to better serve local customers.

Dmack Nordic Oy joint venture and a plant is set up in Finland to manufacture bicycle tyres – Shanghai Zhanhao is formed to expand the tyre materials business.

Xcellent Tire & Wheel Inc office and tyre distribution center is opened in Dallas,Texas to continue to expand the company’s presence in United States.