| Auto parts giant to have world's largest tire plant in NE China |
| Saturday,March 31,2007 Posted: 03:16 BJT(1916 GMT) chinaview |
SHENYANG, March 30 (Xinhua) -- Michelin, the world's leading tire maker, is expanding its tire production center in Shenyang, capital of northeast China's Liaoning Province, and aims to turn it into the world's largest tire base, according to sources with the Liaoning Provincial government Friday. A government official said that a memorandum has been signed with Michelin covering new truck tire and sedan tire projects. When the two projects are implemented, the Shenyang base will produce 12 billion tires annually, and become the world's largest tire production base. Michelin has already invested 150 million US dollars in its Shenyang plant, and will plough in a further 300 million US dollars for the two new projects, which will cover 300,000 square meters of floor space. |
| (Source: English Site of Lagos) |
All articles marked with "Article type: Original" posted on the website of the Ministry of Commerce and its sub-sites are copyrighted by this Website and its sub-sites. Any reproduction or use by any other websites, media or individuals must be attached with a clear indication of "Source: Ministry of Commerce Website".
All articles posted on this website or its sub-sites marked with "Article type: reproduced" or "Article type: translated" and "Article type: redistributed" come from other media, and are provided solely for the user's information, which does not mean this Website or its sub-sites endorse the ideas thereof or assume any legal liability or responsibility for their authenticity. Any other media, websites or individuals must maintain the source of information indication on this Website or its sub-sites when using the information, and shall assume legal liability for the use.
