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Article: BUSINESS IN ASIA TODAY - APRIL 13, 2009.
- Article from:
- AsiaPulse News
- Article date:
- April 13, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business in Asia on April 13, 2009. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
TAIWAN'S KENDA OPENS NORTH CHINA'S BIGGEST TIRE PRODUCTION BASE
BEIJING - Taiwan's Kenda Rubber (Tianjin) Co., Ltd's rubber tire project in Tianjin, has officially begun production. Total investment in the project is US$200 billion, with first phase investment set at US$23 million, adding 20 new tire production lines. The project's second phase will launch in July. After completion, annual sales revenue of the project will reach 3.5 billion yuan (US$512 ...