Recently, market said that Shandong New Continent Tire Co., Ltd. (SNC) has bought out Shandong Demake Tire Co.,Ltd..
SNC confirmed the news to Tireworld.com.cn
According the introduction, Shandong Demake Tire was founded in 2016, and mainly produces full-steel radial tires, which was also an important project in Zibo Shandong Province.
With a total 2 million tons/year of production capacity, the factory comes into operation in 2017. And the company invited experts from Bridgestone to direct their production.
And in 2018, the company has signed cooperation with Qinghua University to develop high performance intelligent tire.
Shandong New Continent Tire Co., Ltd. (SNC), founded in October, is a subsidiary of Shandong Yinbao Tyre Group, which is a large modernized manufacture specilized in producing passenger car radial tires and carbon black.
The core equipment of production line adopts the AB system which is stable and reliable. The two brands have successively passed all kinds of system certifications including the ISO9001 quality management, US DOT, Europe ECE, Brazil INME TRO, Indonesia SNI, China CCC, and ISO10012 metering management system certification.
