Guizhou Tyre expands industrial tyres’ production

Guizhou Tyre (also known as Advance Tyre) is preparing to launch an industrial tyre manufacturing expansion project with an annual output of 300,000 a year. The total investment in this project is about 24 million yuan (£2.926 million; 3.486 million euros; US$3.588 million). The expansion project does not involve the acquisition of new land.