Jilin Xingyun Chemical Co.,Ltd., a subsidiary company of Jilin Chemical Group plans to invest 3.3 billion yuan to build up a 15 million tons/year of tyre project in Jilin, a city in Jilin Province, northeast China.
The new tyre will be named as Jixing Tyre, and managed by Jixing Tyre Co.,Ltd, a newly company invested by Jilin Xingyun Chemical.
The first phase will be come into operation by 2014, and reach 5 million tons/year of annual output by then.