Besides Giti Chongqing tire factory closed down because of pollution problem, another two tire factories, Hankook Tire and Double Coin Tire, also decided to shut down production in Chongqing.
Hankook Tire put its Chongqing passenger tire plant into operation in June 2015, and brought Laufenn brand into its new base.
Chongqing base Plans to produce 6 million units of passenger tires and one million units of truck tires every year, and planned to expand to 15 million units/year in the future.
Double Coin Tire invested over 3 billion yuan on Chongting factory, aimed to build up 4 million units/year of full-steel heavy-duty radial tires and 15 million units/year of half-steel radial tires in all. By the end of 2013, the facotry has completed half investment and reached 2 million units /year of tire production.
