Xingda Shandong Phase II put into operation
On 17 March, Xingda Steel Tyre Cord held a ceremony celebrating the commencement of production at the second phase project of the company’s Shandong factory. Liu Tao and Hang Youming, deputy general managers of the steel tyre cord manufacturer, attended the event. In his speech, Liu Tao revealed that the Shandong factory’s second phase mainly serves tyre companies in Shandong Province and northern China.
In January 2021, the Xingda Shandong factory and the Guangrao County authorities, where it is located, signed an agreement on implementing the second phase project. According to the information, Xingda would invest 3 billion yuan in intelligent upgrading and transformation of the original production line and build a new project with an annual output of 100,000 tons of bead wire. After these two projects are fully implemented, Shandong Xingda can produce 200,000 tons of steel tyre cord and 100,000 tons of bead wire per year.
Xingda Steel Tyre Cord is headquartered in Xinghua City, Jiangsu Province. The steel cord maker has manufacturing bases in China’s Jiangsu and Shandong provinces and Thailand. In 2023, Xingda signed strategic cooperation agreements with Continental and Prinx Chengshan.
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