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Huasheng Group to start Cambodia tyre factory project in 2024

Author: Chris Anthony Comments: 0
The Huasheng Group will soon invest in a Cambodia factory in order to serve international export markets. The Huasheng Group's modern Hongsheng factory in Dongying, Shandong Province, China is pictured (Photo: Chris Anthony/Tyre Industry Publications Ltd)

The Dongying, Shandong Province-based Huasheng Group is planning to add a Cambodia tyre production plant to its portfolio of five factories. While there are few details at the moment, the even-lower-than-Chinese production costs paired with the company’s desire to increase tyre export sales are said to be the main motivations behind the move. Tyres & Accessories met company representatives during the recent GuangRao Tire and Rubber Auto Accessory Exhibition, which took place between 15 and 17 May in Dongying where the company had no less than five generously proportioned stands exhibiting its range of car, 4×4, light truck as well as truck and bus tyres.

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