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The 1.4 billion tire project is progressing slowly

author:Tyre World Network

Recently, Xiangyuan County Zhengyu Lighting Manufacturing Co., Ltd. auctioned off 1 rubber pressurized kneader.

It was won by a bidder named Liu Shile at a price of 161,800 yuan.

The 1.4 billion tire project is progressing slowly

This equipment (X(S)N-110) was purchased in 2022 and stored in the factory of Zhengyu Lighting Company.

Before the auction, the equipment had been seized by the People's Court of Xiangyuan County, Shanxi Province.

According to the tire world network, Zhengyu Lighting Company in Changzhi, Shanxi Province, planned a "high-performance radial tire and special tire project".

The 1.4 billion tire project is progressing slowly

The project plans to invest 1.4 billion yuan, with a design and production scale of 10 million pieces and 10 million matching butyl inner tubes.

Its main products include agricultural tires, motorcycle tires, special tires and others.

In 2018, the project was approved, and construction is scheduled to start around August of that year.

The 1.4 billion tire project is progressing slowly

However, the progress is not smooth, and the environmental work will be basically completed in 2023.

At present, there is no news of the start of construction of this project, and the specific situation is unknown.

According to the data, the main business of Zhengyu Lighting Company is the production and sales of lighting appliances, tires, auto parts and accessories.

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