After several months of trial production, the first plant of Hankook Tire 's third plant in China, the Chongqing Plant, was officially put into operation in the near future. The first-phase project will be completed in the middle of this year, and 2,400 tires will be produced daily.
Hantai Tire Chongqing Plant is located in Yuzui Industrial Park, Yuzui Town, Liangjiang New District, Chongqing City, with a total investment of 954 million U.S. dollars and an area of ​​approximately 796 mu (53, 000 m2). It mainly produces tires for passenger cars and trucks and buses. The factory is constructed in four phases and is expected to be completed by the end of 2015. At that time, the annual production capacity will reach 11.6 million, including 1.6 million tires for trucks and buses. At the same time, annual sales will reach 1 billion U.S. dollars, and 3,700 jobs will be resolved for Chongqing.
On May 18th, 2011, Hankook Tire's Chongqing factory held a groundbreaking ceremony. After more than one year of construction and equipment commissioning, the first phase of trial production began in September 2012. In order to implement the global “H•LOHAS†concept of Hankook Tire and create a safe, user-friendly, sustainable green plant, the Chongqing plant is equipped with not only the most advanced tire production facilities and equipment, but also the smooth introduction of EHS (Environment, Health). (Safety) system and environmental protection equipment.
The first phase of the project, which was formally put into operation, has a total investment of 278 million U.S. dollars and covers an area of ​​about 200 acres. As production operations continue to stabilize, production capacity will gradually be released. When the first-phase project is fully completed, production capacity will reach 2,400 tires per day. According to the plan, the second phase of the project will start construction in the second half of this year.
“The formal production of the Chongqing Plant Phase 1 project marked another milestone breakthrough in the localization process of Hankook Tire in China. China is the most important market for Hankook Tire, and the Midwest is also China’s most developed and most potential consumer market. Mr. Jin Lunxi, general manager of Hankook Tire's China headquarters marketing strategy, said: "The Chongqing plant will solidify Hankook Tire's leading position in the Chinese market and increase its overall global production capacity, making Hankook Tire one of the world's top five tire manufacturers. Businesses lay the foundation."
Hankook Tire entered China in 1996 and has two production bases in Jiaxing, Zhejiang and Huai'an, Jiangsu, with an annual capacity of 30 million. After completion of the fourth phase of the Chongqing plant in 2015, Hankook Tire's China plant will have an annual production capacity of 42 million pieces. In accordance with the business concept of developing and producing tire products that are suitable for Chinese consumers, as early as 1998 Hankook Tire set up a Chinese technology research and development center. After 16 years of hard work, Hankook Tire's market share in China reached 20%, and its UHP tire sales accounted for 26% in 2012.
Yufu Industrial Park is the location of the “100 billion international automobile city†project that is the key development area of ​​Liangjiang New District. The core area of ​​the automobile city covers an area of ​​30 square kilometers and is mainly based on domestic and foreign famous automobile groups, and will form an annual output of 3 million vehicles. 3.2 million engines, the production value of 500 billion yuan, the entire vehicle and parts industry dragon. Hankook Tire's Chongqing plant will improve the automobile industry chain and realize industrial scale effect. At the same time, Hankook Tire will also use the resources of Auto City to further expand its cooperation with car manufacturers in the central and western regions to realize its foothold in China and advance into the military. Western strategic planning.
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