Hubei, China – Linglong Tire has held a foundation-stone laying ceremony at its Hubei Linglong Tire site, which will be its fourth domestic manufacturing base in China,
The event, staged on 6 July, was accompanied by the Linglong Tire ‘global partners’ conference in Jingmen, Hubei Province, said a company announcement.
According to Linglong, almost 1,000 people attended the ceremony, including leaders from Chinese petrochemical industry and rubber industry.
Under its original ‘3+3’ global industrial layout strategy, Linglong has built three domestic manufacturing bases in Zhaoyuan, Dezhou and Liuzhou and its first overseas manufacturing base in Thailand
In 2017, Linglong moved to ‘5+3’ strategy, with plans to build the fourth manufacturing base in Jingmen and improve its international market competitiveness.
Spanning over 900,000 square metres with planned floor area more than 700,000 square metres, Hubei Linglong Tire is targeted to reach an annual capacity for PCRs of 12 million units; TBRs, 2.4 million units; and OTRs, 60,000 units.
Sales revenue of Hubei Linglong is estimated to reach RMB5 billion (€68 million).
The manufacturing base will integrate intelligent manufacturing, PLM (product lifecycle management), industrial big data application, high-end brand, added Linglong’s statement.
Linglong added that it will “continue to promote the 5 + 3 global industry layout to achieve the strategic goal of developing into a world-class tire enterprise as soon as possible.”