Shandong Youyue Rubber Technology Co., Ltd. held a grand groundbreaking ceremony in Zhucheng City, Shandong Province to produce an annual output of 12 million sets of ultra-high-performance environmentally friendly passenger car tires and an annual output of 3 million sets of green intelligent truck tires. The launch of this major project has undoubtedly injected new vitality into the tire industry in Shandong Province, indicating that the industry is about to usher in a new stage of development.
The atmosphere at the ceremony was warm. Zhucheng City leaders Zhang Jianwei, Wang Hao, Wang Qihua and others personally visited the scene and jointly witnessed this historical moment. They have high hopes for this project and look forward to making important contributions to the economic development of Zhucheng City and even Shandong Province.
It is understood that the project was invested and constructed by Qingdao Xingbiao Rubber Technology Co., Ltd., with a total investment of 5.16 billion yuan. The project is planned to be constructed in two phases. The main construction contents include production workshops and supporting facilities such as internal mixing, extrusion, forming, and vulcanization. After being put into production, it is estimated that the annual output value will be 4.28 billion yuan and the taxes paid will be 160 million yuan, which will provide strong support for local economic development.
