16 Dec 2024
Chinese manufacturer's facility in Longcheng being upgraded to produce 1.2 million tires a year
Chaoyang, China - Chaoyang Long March Tyre Co. has broken ground on a Yuan550 million expansion project at its tire production facility in Longcheng District, Chaoyang.
The new unit will include production workshops for 'energy-saving' tires, rubber processing centre, raw materials warehouses and finished product storage space, Chaoyang authorities said recently.
Once completed, the unit will have the capacity to produce 1.2 million units of all-steel truck & bus tires per year and achieve an annual output value of Yuan1.485 billion.
Based in Chaoyang, Liaoning province, Long March was set up in 2003 and recently upgraded its facility to have an overall annual capacity of 4.5 million units.
The company also operates a joint venture tire manufacturing facility in Pakistan’s Sindh province, owned 49% by Long March and 51% by local company Service Industries.
In May, Pakistan’s government disclosed that Long March was to "invest PKR300 billion" (€1 billion) in the facility.
The unit was initially set up with an investment of $250 million, to produce 2.4 million truck & bus tires in three phases.
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
Already a subscriber? Log in here
