Aeolus' passenger car tyre plant to come on stream 3 months early - report

ERJ staff report (DS)

Jiaozuo City, China -- Aeolus Tyre is building a new 5m unit/year car tyre plant in Jiaozuo City, China. A news report from the Henan Workers' Daily, posted on the website of the Chinese Rubber Industry Association (CRIA) said the plant is now built and equipment is being installed, and is likely to be on stream three months early.

This would be Aeolus first venture into car tyres. Aeolus already makes truck tyres and off-road tyres. Construction of the new car tyre plant began in April 2010. The report said the unit will make 5 million tyres per year, and represents an investment of Yuan 1030 million (euro 112 million). Aeolus expects to generate yuan 1300 million in sales in the first year of operation.

The Chinese-language report said (in transdlation), "this project will use the world's most advanced passenger tyre production process, produced by the tyre has good comfort, durability, high performance and fuel economy."

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News report from CRIA website

Above story from CRIA, auto-translated into English from Chinese