top of page

Xingda proceeds with plans to build new tire cord factory despite recent lower profits

Xingda International Holdings Limited, a Chinese producer of steelcord for tires and other products, saw lower profits on increased sales for the six months of 2011. Construction of the Group’s No. 9 factory has continued according to schedule. Xingda also intends to build a new factory in China’s Shandong Province with a planned production capacity of 100,000 tons for radial tire cord, much of which will be used to manufacture truck tire cord. Construction of the Shandong factory is to be in parallel with the expansion of No. 9 factory. The total production capacity for radial tire cord of the Group will then exceed 600,000 tons by 2012, reaching 700,000 tons by 2013.

2 views0 comments

Recent Posts

See All

Michelin upgrading Romanian tire, cord plants

Group Michelin is investing roughly $105 million in a pair of plants in Romania, to cover the start of production of new tire models at one and expand steel cord output at a second, according to local

Tiremakers continue to invest in the United States

Tire Business has an overview of the current slate of tire plant expansions underway or planned for the United States. This includes major projects by Bridgestone, Continental, Hankook, Michelin, Toyo


bottom of page