Finixx to build 20m/year self-sealing tire plant in China

摘要

CHINA: The local government of Baoji, Shaanxi province signed a contract for a 4 billion yuan (?520 million) Finixx self-sealing safety tire project on 3 Dec. Total capacity of the project is expected to exceed 20m/year. The first phase, with 2.8 billion yuan (?364 million) investment and 10m/year capacity, is scheduled to be completed within 24 months and bring in 8 billion yuan (?1 billion) annual revenue when in operation.