Zhongce Rubber Group New Project Announcement!

On 26th April, Hangzhou Zhongce Qiantang Industrial, a subsidiary of Zhongce Rubber Group, announced the green 5G digital factory project with an annual output of 6.5 million sets of the all-steel radial tire published in the draft of the EIS (environmental impact statement).

China Rubber Magazine stated that the planned investment in the project is 3.188 billion RMB with a planned land area size of 504 mu. The production facility is capable of 380,000 tons of rubber compound for tire material output annually.

Project investment funds are placed gradually, consisting of three development phases :

1. Phase 1: Feb 2022 to Feb 2023
   The annual production capacity is 2.5 million all-steel radial tires, and the construction time is from
2. Phase 2: Feb 2023 to Feb 2024
   The production capacity of the second phase is 2.5 million units.
3. Phase 3: Feb 2024 to Feb 2025
   The production capacity is 1.5 million units. The number of employees required for the whole project is expected to be 2,000 people.

Zhongce Rubber Group's growth is not showing signs of slowing down anytime soon, and this is one proof that Chinese tire makers are putting their effort into scaling their business even more. If you are looking for quality tire manufacturers for your business, feel free to register yourself at China International Tire Expo Direct; and subscribe to our Facebook newsletter at CITEXPO Official Facebook Page.