Triangle to start up new tire plant; nine-month sales down

Weihai, Shandong – Triangle expects to start up a new 4 million unit/year production facility for passenger car tires at its existing Huayang plant in Weihai, Shandong province by the yearend, the company told ERJ.

This project – phase two of the plant – began construction in 2017. Phase one with another 4 million unit per year passenger car tire capacity came on stream in 2016 and is running at full utilisation, said the company.

Phases one and two have €360 million (2.8 billion yuan) total investment,…

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