Recently, Xinjiang Puzhao Investment (group) Co., LTD plans to invest CNY 200 million to build a production baseincluding scrap tire retread, rubber powder produce and reclaimed rubber produce .
The whole project will go through three phases of construction. Phase I plans to build 12 standard factories occupying area of nearly 20,000 square meters and is supposed to put into operation by the end of 2012.
After completion, China's largest vulcanized rubber production and best reclaimed rubber production base will be built in Urumchi.
Xinjiang Puzhao Investment (group) Co., LTD was established in May, 2002. It has 14 wholly-owned subsidiaries selling truck tires, engineering tires, agricultural tires etc., and is commissioned to sell products of several tire brands.
