QINGDAO, China—Shandong Linglong Tire Co. is planning to expand its investment in the Thai rubber industry, focusing on a tire testing center and rubber compound manufacturing, according to the Chinese tire maker.
The decision was announced during a visit by a delegation of Thai ministers to Linglong facilities and follows the recent completion of TBR tire production at the Linglong International Tire Thailand.
Linglong said in a company press release on April 8 that it plans to carry out phase three of rubber compound in LLIT.
Linglong Chairman Wang Feng said the Chinese tire maker follows a three by three strategy of development, with three plants in China and three internationally.
Wang explained that the Thai plant would serve as Linglong's first international plant, adding that “it will continue to study establishing a second and a third overseas manufacturing plant and advance its internationalization gradually.”