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ChemChina's subsidiary Shuguang Rubber Industry Research & Design Institute, in partnership with Haohua Chemical Science & Technology, will establish Sinochem Sanhuan (Guilin) Aviation Tire Co. to produce 100,000 high-performance aircraft tires per year in Guilin, Guangxi Province. The project is valued at €91 million and will be completed in 21 months.
“The new investment will 'usher in new opportunities'.”european-rubber-journal.com
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