The Chinese group Zhongzhe Holding has begun experimental production of its new synthetic rubber project in the city of Ningbo, with the first production scheduled for the end of March. Located in the Beilun district, the venture received a total investment of approximately… 3 billion yuan (approximately 400 million euros) and it was structured to manufacture high-quality materials aimed at the production of “high-performance eco-friendly tires”According to a statement released on March 25 by the Beilun District media center, the facilities have completed integrated commissioning and process verification, marking the transition to the experimental production phase. The project is expected to help fill a gap in the supply of advanced tire materials in Zhejiang Province, as well as reduce dependence on international suppliers. The statement also indicated that the initiative should help "break foreign monopolies" and expand the substitution of imports of inputs considered strategic.
Capacity and economic impact
Zhongzhe began construction of the factory in early 2025 and projects reaching a capacity of up to 200,000 tons per year of synthetic rubber. When fully operational, the project is estimated to generate an annual production value of approximately 3.5 billion yuan.
This text was translated by machine from Brazilian Portuguese.