China's tire maker Himaxer has started trial production at its 1.2 million unit-per-year polyurethane tire project in Yunfu, the company disclosed.
Located in the city's Xincheng Industrial Park, the project spans about 86,000 square feet and is operated by Himaxer's local subsidiary Bainaite New Materials. It has $44 million investment of scheduled investment and is estimated to generate $235 million in annual sales when in operation.
Built using its own technology, the company said its PU tire has better wear and puncture resistance compared with traditional rubber tyres.
Headquartered in Guangzhou, Guangdong, Himaxer also has a manufacturing site in Jiaozuo, Henan with over 13 million units per year planned total capacity for traditional and PU tires.
The company's third site, a pilot trial centre in Guilin, Guangxi, has 100,000 unit per year capacity for PU-rubber composite tires used in forklifts; 50,000 unit per year capacity for PU and scrap rubber filled engineering and truck tires designed for ports; and 50,000 unit per year capacity for solid PU tires.