Doublestar set to inaugurate 4.0 tire plant
2019-1-2 19:09:19Editor：AmandaFont Size：Big Medium Small
Doublestar will bring its ‘Industry 4.0 high performance green passenger car tire’ plant on stream shortly, the company announced 21 Dec.
The tire maker declined to provide further details – including about the start-up date – but indicated that it had completed trialling and optimisation phases on the €105 million (826.7 million yuan) project.
Construction work on the 6 million unit/year facility, located at Doublestar’s site in Qingdao, started in 2016.
The passenger car tire plant is expected to generate €19 million annual profit to €275 million, including 5 million units/year of full-steel tires, 10 million units/year of half-steel tires and 100,000 units/year of large-project tires.
ERJ
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