·Fumax tires increase domestic efforts

On July 15th, Tire World Network learned from Shandong Shouguang Fumaisi Tire that the company's FM913 model tires introduced two new specifications, 165R13C and 165/70R13C, in the domestic market.

According to reports, this tire uses a new tread formula, which increases the silica content and effectively improves the wet grip of the tire.

Tire World Network learned that the company was established in 2011 and started production in 2013. It mainly produces various series of semi-steel radial tires such as cars, light trucks and SUVs.

According to online information, this company is a subsidiary of Weifang Shunfuchang Rubber & Plastic Co., Ltd. Previously, its products were mainly based on exports. In the past two years, they have also increased their efforts in the domestic market.

The company's technological transformation project was included in the “2015 Shandong Province Key Technology Transformation Project Orientation Plan”.

The total investment of this project is 159.272 million yuan, of which fixed assets investment is 134.254 million yuan. The initial production capacity is 12 million sets of semi-steel radial tires. The construction period is from June 2011 to May 2015.

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