Long March Pakistan factory begins Phase 2 construction
Tyrepress China has learned that the second phase of the Pakistan tyre factory Service Long March (SLM) will be completed and put into production before the end of 2024. The factory is a joint venture between Chaoyang Long March and Pakistan-based Service Industries Limited. Information shows that the total investment in the SLM factory is US$250 million, with Chaoyang Long March accounting for 44 per cent.
According to Li Qingwen, chairman of the Chaoyang Long March, construction of the factory building for the Phase II project started in October 2020 and was completed in early 2022. Currently, the project is preparing to purchase production equipment. Not long ago, the Chinese government included the “Construction of Chaoyang Long March tyre project (Phase II) in Pakistan” in the “List of Practical Cooperation Deliverables of The Third Belt and Road Forum for International Cooperation”.
Chaoyang Long March staff told Tyrepress China that, after the project’s second phase is implemented, the SLM factory’s production capacity will increase to 1.2 million all-steel radial tyres annually. The first phase of the factory project involves a production capacity of 740,000 tyres. In other words, the second phase of the SLM factory project involves a new production capacity of approximately 500,000 tyres.
According to the plan, the SLM factory will be divided into three phases, and its production technology will come from Chaoyang Long March. The project’s first phase involves an annual production of 740,000 sets of all-steel radial tyres, which was put into production in 2022. The SLM factory will be able to produce 2.4 million all-steel radial tyres annually if the three-phase project reaches total production.
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