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Senkylin plans to build tire project in Spain

 Last Update: 2021-12-28
 Source: Internet
 Author: User

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Sinochem News Network News on December 19th, Sen Kirin announced that the company plans to raise about 523 million euros to invest in Spain to build 12 million high-performance cars and light truck radial tires per year

The announcement shows that after the project is completed, it is estimated that the operating income will be 504 million euros and the total profit will be 115 million euros in the normal operation year.

Mori Kirin stated that this outbound investment relies on the company’s self-developed intelligent manufacturing system, based on the experience of successfully operating a tire intelligent manufacturing base in Thailand, combined with the development trend of the global tire industry and the actual implementation of the company’s own actual conditions.

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