New Triangle Plant in Production Q1 2010

The Smithers Report provides information on a new facility being built by the Triangle Group in China. The plant, located near its headquarters in Weihai, Shandong, will reportedly be operational by the first quarter of 2010 and have a capacity to produce 5.6 million truck and bus tyres or eight million passenger car tyres per annum. The US$465 million facility is also being designed to minimise raw materials waste and energy use.