On 17 March, Xingda Steel Tyre Cord held a ceremony celebrating the commencement of production at the second phase project of the company’s Shandong factory. Liu Tao and Hang Youming, deputy general managers of the steel tyre cord manufacturer, attended the event. In his speech, Liu Tao revealed that the Shandong factory’s second phase mainly serves tyre companies in Shandong Province and northern China.
On October 3, the Thailand factory of Jiangsu Xingda Steel Tyre Cord Co and Rojana Industrial Park Public Co held a land signing ceremony. It is reported that after seven months of planning, site selection and communication, the steel tyre cord factory finally decided to place Phase II in the Bowin Industrial Park in Chonburi Province, managed by Rojana.
At the end of July, Chinese tyre cord manufacturer Xingda announced that it is investing 1.6 billion yuan (£200 million; 232.432 million euros; $237 million) adding 200,000 tons of steel cord annual production capacity to its Thailand factory. The planned construction period is 24 months and the project has been officially approved by China’s National Development and Reform Commission.
On 28 July, Xingda, which specialises in rubber reinforcement such tyre cord, officially released its 2021 sustainability report with a special event at its headquarters. According to the company, it is the first sustainability report released by Xingda, also the first by any Chinese steel cord or bead wire maker.
Pirelli has named its 2017 Supplier Award winners. The winners came from three continents – Europe, Asia and America – and six countries (China, Italy, Germany, Japan, Romania, the United States, and Thailand).