As OTR tyre output begins, Aeolus emphasises business cooperation with Prometeon

Aeolus reports that its giant and OTR tyre expansion project has been completed, the civil engineering, equipment purchase, and installation have ended, and most of the equipment has been debugged and put into production. In other words, the company’s 80,000-OTR-tyre-a-year project has entered its final stage.

With the completion of the expansion, the tyres produced by at this factor will enter the market. According to Aeolus, the vast majority of the market for engineering giant tyres is concentrated overseas from China, and there are more than 10 mining countries that are potential markets, such as the CIS region, Australia, Indonesia, Peru, Brazil, and South Africa, with a market capacity of about 300,000. The tyre manufacturer emphasised that it entered the market early, expanded its business in the CIS region, Southeast Asia, and Latin America, and had a specific market foundation.

When discussing the overseas layout plan, Aeolus emphasised that its current focus is to cooperate with Prometeon in business. Aeolus currently regards China, Southeast Asia, and the CIS region as its main markets. The products sold in this region are mainly under the Aeolus brand, supplemented by the Prometeon brand. In Europe, Turkey, and Brazil markets, Prometeon has a good foundation and is the leading brand, supplemented by the Aeolus brand.