Hankook made 100 million tyres in China

Beijing, China - Hankook Tire has celebrated the manufacture of the 100 millionth tyre at its China Jiaxing Factory in Zhejiang Province. The company said this development spotlights the rapid development of China's tire industry.

In a statement, Hankook said, "According to National Bureau of Statistics of China?China's total tyre production amounted to 433 million units in 2006, reporting a 15 percent year-on-year increase. As one of the major global tyre players in the China market, Hankook has contributed to this growth with production capacity. With the constantly expanding capacity of its core production base, Jiaxing Factory, Hankook now has an annual production capacity of 28 million units.

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Press release from Hankook