Linglong Tire announces $645 million expansion project in Serbia

Shandong, China – Shandong Linglong Tire Co., Ltd. announced an investment expansion project for its Serbian facility.

According to the announcement, the total investment of the project is about 4.62 billion yuan ($645 million USD), and it is planned to be constructed on the existing land in the plant area, including civil works, equipment purchase, 24MW photovoltaic power generation project, etc.

After the completion of the Serbia project, it will reach an annual output of 1.1 million sets of various high-performance radial tires, including 800,000 sets of all-steel radial tires, 50,000 sets of engineering radial tires, 150,000 sets of agricultural radial tires, 100,000 sets of retreaded tires, and 6,000 tons of liquid reclaimed rubber. The main investment products of this Linglong expansion project are OTR tires, including 50,000 sets of engineering radial tires and 150,000 sets of agricultural radial tires.

The first phase of the Linglong Serbia factory 13.62 million sets of high-performance radial tires (including semi-steel, all-steel and off-road tires) semi-steel project is still accelerating the implementation, according to Linglong recently revealed, the factory truck and bus tires have reached the first phase of production capacity, the end of June next year semi-steel reached 12 million sets of production capacity.

Linglong said that the expansion project plans to complete the preliminary work by the end of December 2024, start construction in January 2025, and end of construction and put into use by the end of December 2030, with a construction period of 6 years.