Doublestar Group invested scrap rubber project holds groundbreaking ceremony
2018-1-5 17:54:20Editor：AmandaFont Size：Big Medium Small
The 200,000-ton scrap rubber green recycling project of Henan Yikesida Renewable Resource Co., Ltd. laid a foundation.
The project was located in Runan county, Henan province, with an overall investment of 600 million and annual capacity of 200,000 tons scrap rubber.
The construction of the first-phase project is expected to be completed in end-Dec., 2018.
Doublestar Rubber Machinery Co., Ltd. and its subsidiary will produce some machines and parts for Yikesida Renewable Resource.
Yikesida Renewable Resource was registered in Sept. 2017 and the primary shareholders are Doublestar Group Co., Ltd. and Qingdao Xingrui Investment and Management Center.
Tireworld
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
