Jinyu’s Vietnamese tyre plant has produced its first TBR tyre. The milestone for the new facility caps nine months of intense construction, as the project team of Jinyu (Vietnam) Tire Co, Ltd overcome multiple challenges including the Covid-19 pandemic. The facility includes 19 buildings over 130,000 square meters, containing 894 pieces of equipment. The production of the first tyre at 10:08 on 30 March 2021 marks the completion of the production line and lays a solid foundation for the start of volume production in May.
Five months on from its groundbreaking ceremony, the first pictures from Shandong Jinyu Tire’s new Vietnam truck and bus radial tyre factory show the progress made so far. At its May 2020 event, Jinyu said the new tyre manufacturing plant would have an annual capacity of 2 million tyres in its first stage, supplying mainly European and North American markets. At its completion, due March 2024, Jinyu would have an annual capacity of 7 million TBR tyres, with a global sales footprint.
Jinyu Tire Group hosted the groundbreaking ceremony of Jinyu (Vietnam) Tire Company Ltd’s 2 million tyre a year factory in Phuoc Dong Industrial Park, Tay Ninh Province, Vietnam on 18 June 2020. Local industrial park leaders as well as customer, supplier and construction representatives attended on the behalf of Jinyu Tire Group partners in light of the Covid pandemic