Industry News

ZC Thailand initiates TBR tyre Production

The recent report published by TechSci Research, Thailand Tyre Market Forecast & Opportunities, 2020 depicts the combined dominance of passenger car and commercial vehicle segment in the overall country’s tyre market. Moreover, both the segments accounted for a volume share of more than 50% in Thailand as of 2014. By focusing on the production of PCR & TBR tyres, ZC Thailand would be able to highlight itself in the Thailand tyre industry in coming years. Also, the company would continue to give stiff competition to industry players such as Bridgestone, Michelin, Maxxis etc. on the parameters of cost & quality.

ZC Rubber (a.k.a. Hangzhou Zhongce Rubber Company) initiated its operation with the production of its first truck & bus radial tyre at its Thai facility – ZC Thailand.

The newly established plant in Thailand became the first overseas facility of ZC Rubber, which is the biggest tyre manufacturer in China and now targets the entire market of Southeast Asia by expanding its operations in Thailand. The 570,000 square meter tyre facility would also start producing PCR tyres in near future. With the expanded product line, TBR tyres would be supplied to the Southeast Asian markets. Also, the company officials anticipate that the annual capacity of the facility would reach to approximately 5 million PCR tyres and 700,000 TBR tyres by 2016-year end.

The Chinese tyre giant stated that establishment of ZC Thailand would play a vital role in further globalizing the company’s presence. Also, the manufacturing units is equipped with the most advanced machines for producing TBR tyres.

As per TechSci Research, it is a huge step for the Chinese tyre manufacturer. ZC Rubber company is already the market leader in Mainland China and now it is widening its presence in South East Asia as well.

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