05
Aug
13:07
Jiangsu Xinda to expand Thailand steel cord capacity
Jiangsu Xingda Tyre Core Company, located in Jiangsu Province Xinghua City, is preparing to add investment for its wire rod project in Thailand. The plan has been approved by the Development and Reform Commission of Jiangsu Province.
According to public information, Xinda Steel Cord (Thailand) will invest $248 million in a capital increase to fund the project with a construction period of 24 months. After the completion, the project will reach an annual …
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