Sailun Group to build fifth overseas tire factory in Egypt

Sailun Group, headquartered in Qingdao West Coast New Area, has announced plans to invest in a new tire manufacturing facility in Egypt. The project, with an estimated construction period of 18 months, will become the company's fifth overseas production base, complementing its existing facilities in Vietnam, Cambodia, Mexico, and Indonesia.

The factory will be strategically located in the Northwest Economic Zone of the Gulf of Suez, near the critical global shipping lane of the Suez Canal. The plan outlines an annual production capacity of 3 million semi-steel radial tires and 600,000 all-steel radial tires.

This significant investment is a key part of Sailun Group's global strategy. The new facility will not only help meet the increasing demand for its products in international markets but also enable the company to mitigate international trade barriers through localized production. This strategic move is crucial for enhancing Sailun's global competitiveness and expanding its international presence.