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Zhongce builds second overseas factory in Indonesia

Author: Xuda Wang Comments: 0
Zhongce Rubber ranks ninth in the 2023 Tyrepress global tyre manufacturer rankings (Photo: Zhongce Rubber)

“The Indonesian factory has been confirmed, and the Mexican factory is under preparation” – An employee of Zhongce Rubber (ZC Rububer) has revealed the latest progress of overseas factories to Tyrepress China. In other words, China’s largest tyre manufacturer has decided to establish a second overseas production base in Indonesia.

Zhongce Rubber currently has an overseas factory in Rayong, Thailand. In August 2023, when Zhongce chairman Shen Jinrong visited the Thailand factory to inspect the work, he specifically mentioned that he “hopes that the Thailand factory can propose a plan to increase production quickly”.

In the first half of 2023, Zhongce Rubber’s revenue was 17.374 billion yuan, and its net profit was 1.625 billion yuan.

Related news:

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  2. Thailand woos global tyre manufacturers
  3. Chinese tyre manufacturers aim to increase OE supply
  4. China’s tyre industry facing five difficulties: ZC Rubber chairman, Shen Jinrong
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