31 Oct 2023
Project to add 6m units of tire manufacturing capacity once completed
Guangzhou, China – Wanli Tire Co. has disclosed plans to increase production capacity for semi-steel radial tires at its facility in Guangzhou City by 25%.
The group has submitted an environmental impact assessment report to local authorities for the Yuan1,086-million (€140 million) project, said a 25 Oct announcement by Wanli.
Dubbed a “phase III” development plan, the project aims to add an annual capacity of 6 million units of radial passenger car tires at the recently upgraded factory.
Once completed, the unit will have a total annual production capacity of 30 million units of semi-steel passenger car tires, according to Wanli.
Within its draft proposal, Wanli envisages having additional space for a further capacity expansion, on a similar scale, in the future.
Wanli carried out an €85-million upgrade project at the Guangzhou City tire facility last year, towards enhancing the site's production capacity by 60%.
The initiative involved upgrading all production lines and removing outdated equipment at the site: increasing production capacity from 15 million to 24 million units/year.
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