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Linglong inks SI Group deal

Linglong Tire has inked a deal with its material supplier SI Group (Shanghai), a subsidiary of US-based chemical intermediates manufacturer SI Group.

"Research and innovation in materials are keys to increasing the performance of tyres while maintaining the advantage of comparatively low price, said Linglong Tire president, Wang Feng.

SI Group Shanghai has been East China's Shandong-based tyre company's material supplier for some time.

"Besides continuing to supply materials, SI will also deepen cooperation with Linglong in technological research," said SI Asia Pacific sales director, Yao Lihong.

Linglong aims to sell 90m tyres annually during China's 13th Five-year Plan - 2016-2020 - and become one of world's top 10 tyre manufacturers.

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