On June 29th, 2015, Zhongce Rubber Thailand Co., Ltd. kicked off the production ceremony in Thailand's Taizhong Rayong Industrial Park. This signified that Zhongce Rubber Group Co., Ltd. successfully created the first foreign automobile tire production base and was a Chinese tire company.†An important step in the "going out" strategy.
Zhongce Rubber Thailand Co., Ltd. Opening Ceremony
According to reports, Zhongce Rubber Thailand Co., Ltd. was established in September 2014 with an investment of 1 billion yuan and covers an area of ​​840 acres. It is estimated that the total investment will be 15 billion baht (about 3 billion yuan) and will become the Thai-Chinese Rayong Industrial Park. The largest rubber factory in the construction area and the expected production scale.
Seven of the top ten tire companies in the world are located in Thailand. In this regard, Shen Jinrong, Chairman of Chinace Rubber Group Co., Ltd., told Xinhua News Agency that Zhongce Rubber has world-class production technology and both cost and energy consumption are controlled. Has rich experience, strong competitiveness and full confidence. He emphasized that China Strategic Thailand's factory is mainly oriented to the Southeast Asian market, and partly to the European and American markets. Towards internationalization is an inevitable choice for companies with advanced international technologies to a certain extent.
Thailand is the world's largest producer of natural rubber. It is estimated that Zhongce Rubber Thailand Ltd. will use at least 30,000 tons of Thai rubber raw materials each year.
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