Sanli increases capacity

The Chinese company Shandong Province Sanli Tire Manufacture Co., Ltd. intends to increase the production capacity of passenger car tires by 3.3 million units per year. The project will be invested with approximately 640 million yuan (88 million dollars), and after its implementation, the production volumes of tires for passenger cars at the plant in Heze (Shandong, China) will increase to 10 million units per year.

Thanks to the new investments, the enterprise's area will grow by 100,000 m2, and both production workshops and warehouse facilities will be built. Previously, Sanli said that 162 units of equipment had been purchased, including rubber mixers, extrusion lines, vulcanizers, calenders, and so on.

In the new workshops, 2 million large-size tires with a low profile will be produced per year, 800,000 tires for electric cars and hybrids, 500,000 tires with a run-flat structure, and 80,000 self-sealing tires with an additional hermetic layer for automatic puncture sealing. The project is planned to be completed in April 2025.

According to Chinese media, from January to October 2024, Sanli received revenue of 820 million yuan (114 million dollars), which is 58% more than in the same period last year. The export value increased by 53% and amounted to 400 million yuan (55 million dollars). Tires are supplied to the Middle East, Africa, Southeast Asia, and so on.

Sanli Tire was founded in 1996 and is engaged in the production of tires of various categories, including for passenger and light commercial vehicles, agricultural and industrial equipment, motorcycles, and so on. The range includes such brands as Bearway, Marsway, Galaxia, and Anxiang.