TAIWAN: Kenda Rubber increasing tire production capacity

The Yunlin County-based company told its annual shareholders' meeting that it would increase its tire capacity by 50 percent to 38,000 units a day by the end of this year.

Kenda plans to raise its capacity in Taiwan by 4,000 car tires a day, a company official, who declined to be named, said by telephone. The company's new plant in Tianjin, China, is expected to increase its capacity by 5,000 car tires a day by the end of this year, while its new factory in Shanghai will increase its production by 2,500 car tires a day, the official said.

Currently, Kenda produces 22,500 car tires a day in Kunshan, China, and 4,000 car tires a day in Yunlin, Taiwan, the company official said. "Kenda's new plant in Tianjin is operating on a trial basis and likely to become fully operational in July, instead of by the end of next quarter as we previously expected,” chairman Yang Ying-ming told shareholders.

In addition, the company launched a subsidiary in Europe in May 2013 to promote its brand and conduct marketing, in a bid to enter the European market in the near future, the chairman said.(Syed Rashid Ali, Karachi, Pakistan)
Source: Daily "Taipei Times", Taipei; 28 June 2013