Guangzhou International to Build Retreaded Tire Plant
Year:2009 ISSUE:7
COLUMN:M & A, BUSINESS & TRADE
Click:200    DateTime:Mar.04,2009
Guangzhou International to Build Retreaded Tire Plant     

Guangzhou International Group Co., Ltd. will build a retreaded bus-tire plant in Guangzhou of Guangdong province, in collaboration with Guangzhou No. 1 Bus Company Ltd.
   Both sides have signed a cooperative agreement on wider applications of environmentally friendly, safe and wearable tires for bus in Guangzhou.
   Guangzhou International, the fully state-owned enterprise, has two leading rubber company in Guangzhou - Guangzhou Rubber Enterprise Group Co., Ltd. and South China Tire & Rubber Co., Ltd. The latter specializes in the R & D, production of radial tires (Wanli brand) in China, with an annual capacity of 4.5 million pieces of tires.