Sailun approves Cambodia TBR project
On 14 February, Sailun Group Co., Ltd.’s Board of Directors unanimously approved plans to invest RMB 1.43 billion (£165.9 million) to establish a factory in Cambodia with the capacity to produce 1.65 million all-steel truck and bus radials a year. These tyres will primarily be exported to meet demand in European and North American markets.
According to documents published by Sailun Group, the tyre maker anticipates that this commercial tyre addition to the Cart Tire Co., Ltd. facility in Svay Rieng City, where it already produces passenger car tyres, should be completed in 24 months.
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