Chuanghua tire project becomes new economic driving force for Rizhao
The high-performance radial tire production project of Shandong Chuanghua Tire Co., Ltd. has become a new driving force for the city’s industrial economy in 2017.
The tire project of Chuanghua Tire is expected to realize output value of 800 million yuan.
The project was constructed in three phases.
The first phase high-performance all-steel heavy-load radial tire project has a designed capacity of 2.6 million tires/year.
The second phase high-performance semi-steel passenger vehicle radial tire project has an annual capacity of 20 million tires.
The third phase high-performance all-steel engineering tire project and high-performance all-steel agricultural radial tire project have capacities of 100,000 tires and 50,000 tires, respectively.
The whole project received investment of 3.31 billion yuan, including 53.3 million yuan for environmental protection-related items.
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