Chinese tire makers are continuing to beef up their production set-ups to meet growing demand in both domestic and overseas markets-as evidenced by recently announced investment projects;THAILAND: Zhongce Rubber has broken ground on tire plant No.4 at its production plant in Rayong,as part of an ongoing expansion programme at the site.The new unit will complete the third phase of the expansion project,which started in December 2019,as well as the manufacturer's €654 million overall investment in Thailand,ZC Rubber announced 20 May.The new plant will complete phase three's annual capacity of 5 million units of passenger car tires and 1.2 million units of truck and bus tires-bringing Zhongce's total annual tire capacity in Thailand to 20 million units.The company hopes to finish construction of the plant in 100 days.
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