Shandong Daye Holdings published the environmental evaluations of its bead wire expansion project for two times.
The expansion project is for radial tires and locates in the Daye Industrial Park, Xinxing Economic Development Zone in Zhucheng, Shandong province.
The company plans to reconstruct existing plants and transform them into bead wire production plants and to build a new stereoscopic warehouse.
About 157 key production equipment and 66 facilitating equipment will be purchased for the project, with an expected annual capacity of high-performance bead wire of 100,000 tons.
According to the company, products to be produced by the project are special materials for high-performance bead wire for radial tires and it is an industry encouraged by the government.
Currently, the project’s environmental influence is under evaluation.
