2018-E-NEWS NO.12

News Express :

On December 6, the production ceremony of Guangxi Xinguilun Rubber Co., Ltd. was officially launched. Upon completion of the project, the company will be able to produce 1,500,000 units of full-steel radial truck tires annually, with an estimated annual output value of over RMB 1,000,000,000.

On December 12, Cerun Group Co., Ltd. once again announced an explosive news that it would build a factory with the capacity of annually 2,400,000 units of all-steel radial tires in Vietnam together with cooper tire, with a total investment of USD 280,000,000 (about RMB 1,946,000,000).

On December 6, China's two biggest companies in the tire and carbon black industries, Zhongce Rubber Group Co., Ltd. and Jiangxi Blackcat Carbon Black Inc., Ltd. signed a strategic cooperation agreement in Jingdezhen, Jiangxi Province.

Recently, Shandong Fengyuan Tire Manufacturing Co., Ltd. came good news, the company's 225/60r16 FRD16 "long road" tire certification authority, product performance to the eu label AA rating standards. 

On December 18, Jiangsu Xingda Cord Co., Ltd. released news in Europe to set up a wholly owned subsidiary - Xingda Europe Limited Liability Company officially opened. On the opening ceremony, Goodyear, Michelin, Continental, Pirelli, and Palin Ritter such world famous tire manufacturers are appointed representatives attending or congratulate him.

Linglong Tire Co., Ltd. in Jingmen City, Hubei Province, is currently under construction. After the completion of the project, it can produce 12,000,000 sets of semi-steel radial tires, 2,400,000 sets of all-steel radial tires and 60,000 sets of engineering tires every year. It is a wholly-owned subsidiary of Shandong Linglong Tire Co., Ltd. with total investment of RMB 5,790,000,000. 

According to reliable information, Pulin Chengshan (Cayman) Holdings Co., Ltd. has recently reached an agreement with an industrial park developer in Thailand, from which it will purchase 43,600 to 480,000 square meters of land. In the future, Pulin Chengshan will build a tire manufacturing plant in Chonburi, Thailand, and its overseas production base will also be officially located in Thailand.

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