Foundation Stone Laying of LingLong Tyres Factory in Hemaraj ESIE

LingLong Tyres (Thailand) Co., Ltd., one of the world’s top 20 tyre manufacturers from China, recently held the Foundation Stone Laying Ceremony for its new factory on 333.53 rai in Hemaraj Eastern Seaboard Industrial Estate in Rayong province. Ling Long Tyres has been granted privileges from Thailand’s Board of Investment for the first phase project for production of Radial Tyres with an investment of 3.5 billion baht. The company expects to start production from June 2014 at a capacity of 2 million pieces per year.

Photo shows Mr. David Nardone (center left), President & CEO and Mr. Vivat Jiratikarnsakul (5th from left), Executive Vice President of Hemaraj Land And Development Plc. Congratulating Mr. Wang Xi Cheng (center right), Chairman of LingLong Group., Ltd. While Mr. Wang Feng (4th from right), Chairman of the Board Director of Shangdong Ling Long Tyres Co., Ltd., Mr. Sunthorn Kongsunthornkitkul (3rd from right), Vice President of Hemaraj and executives from both companies look on.