Aeolus mulls adding tire capacity outside of China

Jiaozuo, China (Nov. 1, 2016) — Aeolus Tyre Co. Ltd is exploring its options regarding adding truck tire manufacturing capacity outside of China as part of its strategy to maintain its market presence in the U.S., where it faces import duties of roughly 49 percent.

Aeolus Tyre — which is in the process of integrating its manufacturing assets with those of China National Chemical Co.’s two truck and bus tire subsidiaries — said its revamped structure will allow it to deal more effectively with the pending…

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