Various news reports suggest Jinyu, (which changed its name to Sailun Jinyu in 2014 following its merger with Sailun) could be building a new tyre plant in Turkey. According to the Turkish Hurriyet newspaper, Jinyu is considering a joint-venture with local distributor Yeslas.
“We intend to establish with them the plant, equipped with advanced facilities, with a capacity of 1-1.5 million tyres per year,” said the director of Yeslas, Yasar Cetinkaya, at a meeting with dealers in Kushatasy.
The idea is to work on the plant’s construction during the next two years, with a view to manufacturing in the next four years.
Jinyu reportedly has a market share of some 4 per cent in Turkey. And soon the firm will open a Jinyu concept store in Istanbul too.