China-based tyre manufacturer Guizhou Tyre recently broke ground on two new production plants near the company’s headquarters in Guizhou, Guiyang Province. Once constructed and fully operational, the US$307 million plant is expected to generate nearly US$426 million annually from its…
Tag: vietnam
Vietnam, China pip India to 5th place in natural rubber production
Giving a shock treatment to the Rubber Board and the policy makers, recent data released by Association of Natural Rubber Producing Countries (ANRPC) shows that India has slipped down to the fifth spot in production, below Vietnam and China in…