Linglong ‘gets cold feet with Iran project’

Tehran – China’s Shandong Linglong Tire Co (Linglong) is reportedly now hesitant about going ahead with a previously announced contract to supply technology to a greenfield tire plant in south-eastern Iran, according to an ERJ source.

“They are asking for more time because of pressures by Trump,” the industry insider told ERJ.

The contract, estimated around €8-10 million,  was awarded to Linglong late last year.

The deal would see the Chinese company supplying technology and engineering to the Arya Hamoon Tire production plant in Sistan-Baluchestan province,…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with