Fengyuan Tire Launches Radial Tire Project
Year:2007 ISSUE:27
COLUMN:PROJECT NEWS
Click:224    DateTime:Sep.25,2007
Fengyuan Tire Launches Radial Tire Project    

Shandong Fengyuan Tire Manufacturing Co., Ltd. has recently held a ceremony in Shandong Zaozhuang Zecheng District Economic Development Zone for launching the project of 10 million pcs/a semi-steel radial tires for sedan and light truck and 2.0 million pcs/a all-steel radial tires.
   The project has an area of 35.2 hectares. The capacity of the first phase is 3.0 million pcs/a semi-steel radial tires and 0.6 million pcs/a all-steel radial tires. The capacity defined in the overall plan will be reached after the completion of the second phase. The project will mainly use domestic technology and equipment and the technology will be sourced from Qingdao MESNAC Co., Ltd.
   Shandong Fengyuan Tire Manufacturing Co., Ltd. is a new subsidiary of Shandong Fengyuan Coal & Electricity Co., Ltd. It is a comprehensive modern enterprise integrating coal, cement, thermal power, pharmaceuticals, papermaking, chemical fertilizers, construction materials and biological chemicals.
   The reason for Fengyuan Tire to enter the tire sector is that the tire project conforms to the development concept of cyclic economy and is also a major project with firm support from the government and bright market prospect. With the rapid development of the automobile sector, the demand for tires in China has increased drastically.