Guizhou Tyre Going through Formalities for New Base
Guizhou Tyre Co., Ltd. disclosed on Aug. 3 at www.P5W.net that the property right of the new tire base in Xiuwen county, Guizhou province, belongs to the company.
The production base takes an area of 2,300 mu, while the certification for 2,000-mu land usage has been acquired, and the certification for the remaining 300-mu is under formalities.
Main businesses of Guizhou Tyre include tire production and sale, tire retread, as well as production and sale of rubber products.
The production base is 40 kilometers away from Guiyang with an overall investment of 7 billion yuan and the construction will take 6-8 years.
The base will be used for production of all-steel engineering radial tires, all-steel heavy-duty radial tires, agricultural radial tires, and passenger car radial tires.
Upon production, Guizhou Tyre will add annual capacity of 12.8 million radial tires of all types.
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