Xingda and Continental Group have signed the strategic cooperation agreement at Xingda Steel Tyre Cord (Thailand) to lay laid a firm base for cooperation. The two enterprises will work jointly to bring their shared vision into reality by enhancing mutual trust and understanding, drawing upon each other’s strengths and increasing mutual gains.At this new starting point of cooperation, Xingda will establish a mechanism to make rapid response to meet the diversified development needs of Continental on a long-term basis. By improving the supplier management services in Europe, the United States and other regions, Xingda will work to contribute to Continental’s development and expand growth space for the rubber industry.As a global leader in tire reinforcement, Xingda launched its Thailand plant in 2019. With a production capacity of 100,000 ton of steel cord per year, the plant boasts some of the most cutting-edge production equipment and technology as well as a high level of automation and intelligence-driven operation. In order to expand its global footprint and better meet the demand of its international clients, Xingda launched the expansion of its Thailand plant in July 2022. The total investment of the project is about ¥ 1.6B, the designed annual production capacity is 200,000 tons of steel cord, and the construction period is 24 months.
Xingda and Continental Group have signed the strategic cooperation agreement at Xingda Steel Tyre Cord (Thailand) to lay laid a firm base for cooperation. The two enterprises will work jointly to bring their shared vision into reality by enhancing mutual trust and understanding, drawing upon each other’s strengths and increasing mutual gains.At this new starting point of cooperation, Xingda will establish a mechanism to make rapid response to meet the diversified development needs of Continental on a long-term basis. By improving the supplier management services in Europe, the United States and other regions, Xingda will work to contribute to Continental’s development and expand growth space for the rubber industry.As a global leader in tire reinforcement, Xingda launched its Thailand plant in 2019. With a production capacity of 100,000 ton of steel cord per year, the plant boasts some of the most cutting-edge production equipment and technology as well as a high level of automation and intelligence-driven operation. In order to expand its global footprint and better meet the demand of its international clients, Xingda launched the expansion of its Thailand plant in July 2022. The total investment of the project is about ¥ 1.6B, the designed annual production capacity is 200,000 tons of steel cord, and the construction period is 24 months.
