Imported tire recap business approved
China first large-scale plant of mechanical meridian tire recaps started trial production recently in Liaoning province, in northeast china. Liaoning Entry-Exit Inspection and Quarantine Bureau will pay an eye on this field and received first 29 applications about mechanical tire recap business.
Mechanical meridian tire production involves complex technologies along with high profitability, so foreign manufactures kept their technologies secret. None of Chinese company is able to produce it up to now. Only Michelin of France, Goodyear of U.S and Bridgestone of Japan can produce mechanical meridian tire.
In present China tire market, such mechanical tires are needed very much because of high price of imported mechanical tire and long leading time. So recap business is promising.
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