The second quarter is approaching, and the trial production of Guizhou Tire Carbon Black Phase II Project Countdown

Guizhou Tire Company recently revealed on the investor interaction platform that the second phase of the carbon black project under the responsibility of its subsidiary Guizhou Qianjin New Materials Co., Ltd. is progressing smoothly. The project is a reconstruction and expansion nature, with a total investment of 132.06 million yuan, aiming to further enhance the company's carbon black production capacity to meet the growing tire production demand.

It is reported that the second phase of the carbon black project has started construction work intensively since completing the preliminary procedures in August last year. At present, all equipment procurement required for the project has been completed, and equipment installation is proceeding in an orderly manner. The company said that it expects the project to enter the trial production stage in the second quarter of this year, which will further enhance Guizhou Tire's carbon black self-sufficiency.

This reconstruction and expansion project will use new processes to produce a series of carbon black products for rubber, with a wide variety of varieties, including hard carbon blacks N220, N234 and soft carbon black N660. These products will be widely used in tire manufacturing, providing solid raw material guarantee for Guizhou Tire's high-quality tires. At the same time, the completed first phase of the project was put into trial production in June 2022, and successfully passed the completion environmental protection acceptance in November of the same year. The first phase of the project also produces a wide variety of carbon black products, including hard carbon black N220, N330, N326, N375, etc., with an annual output of 50,000 tons.

Through the expansion of the second phase of the carbon black project, Guizhou Tire Company will not only significantly enhance its carbon black production capacity, but will also further consolidate its leading position in the tire manufacturing industry.