On April 22, the People's Government of Chaoyang County, Liaoning Province, made a second announcement of a tire project in its jurisdiction.
Tire World Network learned that the project is a project with an annual output of 10 million butyl inner tubes.
The project investment unit is Chaoyang Haolong Rubber Products Co., Ltd.
The company plans to build more than three new advanced tire manufacturing production lines in the local area in 2024.
It is estimated that the total investment of the project is 500 million yuan, and the number of workers is 240.
Construction is scheduled to begin in October 2024 and be completed in October 2025.
It is understood that tire butylation is a general trend, but China's inner tube butylation is less than 30%.
In recent years, with the boom in the transportation industry, the demand for inner tubes has begun to skyrocket.
Butyl inner tubes are favored by consumers because of their good air tightness, high strength and high safety performance.
According to the data, Chaoyang Haolong Rubber has been engaged in the production of butyl reclaimed rubber.
The company plans to expand the production capacity of butyl reclaimed rubber and use it entirely for the production of butyl inner tubes.