CHUZHOU, China—Shandong Yinbao Tyre Group subsidiary Delun Rubber has broken ground on an expansion of a plant in Chuzhou, Anhui Province, to add passenger tires to the existing truck tire capacity at that site.
The second-phase project, budgeted at $190 million, will add capacity for 4 million car tires a year, the company said.
Phase one of the Delun factory comprises annual capacities of 3 million truck and bus tires and 200,000 specialty tires, according to Yinbao's website.
Shandong Yinbao lists GoodTyre, GoldTyre, Yinbao, Ginell and Taidelong as its brands.
Shandong Yinbao also is involved in a joint venture in Thailand with local tire makers N.D. Rubber Public Co. Ltd. and P. Siam Tyre Ltd. to set up a truck and bus tire plant there.