Shenzhou Tire breaks ground on phase two of £1 billion tyre factory project
Ningxia Shenzhou Tire Co. Ltd. has broken ground on a new tyre plant in the city of Shizuishan in Ningxia Province, China. Company representatives have been quoted as saying that the production capacity forms the second phase of £1 billion project, the output of which is destined for high-end markets in the Europe and the USA.