Linglong tire is expected to achieve production ca
2022-08-22- Detail
Linglong tire is expected to achieve worldwide production capacity in 2020
according to the office of the special commissioner of the Ministry of Commerce in Qingdao, recently, Linglong tire has successfully applied for bank credit and trade financing. In addition, Shandong Linglong Tire Co., Ltd. will invest an additional US $120million in Thailand Linglong phase III project
the construction period of the project is 1.5 years. After completion, it can increase revenue by 1.2 billion yuan and profit by 200million yuan. The annual production capacity of the project is 800000 all steel tires, 2million sets of semi steel tires and 400000 sets of bias tires
at present, Linglong tire has semi steel, which makes the plastic packaging market more promising. The automatic shutdown time of tire production capacity is set: 48million sets without operation, 7.4 million sets of all steel tires, and 1million sets of bias tires
among them, the annual production capacity of the Thai company is 12million sets of semi steel tires and 1.2 million sets of all steel tires
&ems is the only provincial "urban mineral" demonstration base in our city p; According to the letter of encouragement issued by the Thai Investment Promotion Commission to Linglong, Thai factories have increased the cost of bicycles and have tax incentives
by 2020, Linglong tire is expected to achieve the goal of global production capacity and annual output of 90million sets of tires
(source: tire world)
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