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ZC Rubber revisits Jiangsu factory plan

Author: Stephen Goodchild Comments: 0

After a 12-year pause, it appears that ZC Rubber decided on 12 August 2024 to restart its project to set up a tyre manufacturing facility in Jiangsu, China. The reactivated plan calls for an investment of RMB 5 to 6 billion (£539.1 million to £646.9 million), some 25 per cent less than the investment first announced in June 2012. ZC Rubber intends to build a 410,000 square metre production facility on a 56-hectare site. Construction will take place between 2024 and 2026 and result in a plant with a capacity to make 25 million semi-steel tyres annually.

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