2.1 Billion Yuan Tire Project, Signed!
Recently, Wang Xing, Deputy Secretary and County Mayor of Fushan County, Linfen City, Shanxi Province, led a team to visit Jianda (Shanghai) Energy Technology Co., Ltd.
Kang Yi, Deputy County Mayor of Fushan County, and relevant officials from the County Industry and Information Technology Bureau participated in the event together.
At the symposium, the visiting delegation had in-depth exchanges with enterprises and agreed to accelerate the implementation of tire and carbon black projects. Both parties reached an agreement on the details of cooperation and held a signing ceremony.
It is understood that the total investment of the above project is 2.131 billion yuan, and it took less than a month from inspection to signing the contract.
Its designed annual production capacity is 6 million sets of semi steel tires and 100000 tons of carbon black. After production, it is expected to achieve an annual sales revenue of 2.6 billion yuan and increase over 700 job opportunities.
It is reported that this project is planned to start construction in July this year.
According to data, in 2022, Red Star Macalline Group announced its entry into the tire industry.
The group has invested in the "Annual Production of 1.2 million Sets of All Steel Tires Project" in Dushanzi District, Xinjiang.
The total investment of this project is 1.492 billion yuan and construction began on March 17th.
Red Star Macalline Xingyuan Technology Group and Jianda (Shanghai) Energy Technology are both subsidiaries of Red Star Macalline Group.
