Sailun Cambodia has stated that it plans to invest 1.47 billion yuan (approximately £170 million; €190 million) to build a semi-steel radial tyre project in Cambodia with an annual output of 6 million units.
According to the tyre manufacturer, as the competitiveness of tyre products at Cambodian factories has improved in recent years, existing production capacity can no longer meet customer orders. It is reported that the newly added semi-steel radial tyre products will be mainly targeted at overseas markets such as North America.
Sailun’s Cambodia tyre factory manufactured its first tyre on 1 November 2021.
The first product to emerge from the Cambodia factory’s orange-jacketed Mesnac curing presses was a SailunAtrezzo ZSR in what appeared to be a low profile greater than 16-inch size, which gives an impression of the kind of tyres being made at the new facility as well as an initial insight in the production centre’s ongoing strategy.
Sailun’s Cambodia plant will create over 4,000 job opportunities and purchase 150,000 tons of Cambodian domestically sourced rubber annually.
The plant is located in the Qilu Special Economic Zone in Svay Rieng city, Svay Rieng province. It is managed by Sailun’s fully-owned subsidiary Cart Tire.
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Publication date: 02 November 2023
Source: Khmer Times