Recently, Zhengxin Rubber Industry Co., Ltd. stated that the company's daily production capacity by the end of 2018 has reached 1.326 million. Among them, inner tubes, motorcycle tires and bicycle tires have become the top three products of Zhengxin rubber production.
Zhengxin Rubber said that the company's India and Indonesia factories have previously started expansion projects. The motorcycle base capacity in India will be fully released in 2019, reaching 20,000/day. The products of the two factories are making efforts. The supporting system of the local OEM.
According to "China Rubber", Zhengxin Rubber has 11 tire manufacturing bases in the world, located in Kunshan, China, Chongqing, China, Taiwan, Vietnam and Thailand, including Taiwan, Xiamen, Zhangzhou, Vietnam, India and Indonesia. The factory has a motorcycle tire production line, while the Indian and Indonesian factories currently only produce motorcycle tires and inner tubes.
In addition, Zhengxin Rubber revealed that the company’s daily production capacity of motorcycle tires reached 244,000 at the end of last year, which was higher than the 238,000 bicycle tires and 182,000 passenger tires, respectively, which was second only to the internal tires of 538,000. The second largest tire equipment capacity of the group.
According to the company, the Zhengxin India plant will now supply locomotives such as Yamaha and Suzuki in addition to Honda and the Hero Motorcycle Factory in India. It is expected that the Indian plant will achieve profit and loss in 2020, Indonesia. The factory is currently mainly supplying the local aftermarket, but this year it is confident to enter the original market of Indonesian Honda and Yamaha OEM.