Mar 13

Sailun Will Invest USD251 Million in New Plant in Indonesia

Chinese tiremaker Sailun Group will invest USD251 million to build a new manufacturing facility in Indonesia, it announced yesterday, the latest move in its recent overseas expansion. …

This is the third big overseas investment project the company has announced since December last year. The new facility will be located in Jatengland Industrial Park in Demak, Central Java, Indonesia, and it will produce 3.6 million radial tires annually, as well as 37,000 tons of non-road tires. …

Source: Yicai

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