Bridgestone (Tianjin) Tire Co., Ltd. is jointly established by Tianjin Bohai Chemical Industry Co., Ltd. and Bridgestone (China) Investment Co. Ltd. in 1995, which is specialized in manufacturing and sales of meridian tire. The registration address is at No. 2, 1st Dongting Rd., TEDA. The registered capital is 49.016 million USD and total investment volume 89 million USD.

According to the business outlook and market demand, the investor set to reinvest 56.923 million USD in technological upgrading for the current project. After reinvestment, the registered capital will increase to 105.939 million USD and total investment 259.769 million USD.

The company will introduce the latest trend and technology of plant building to reduce energy consumption and pollution and produce tire in a more environmental-friendly way. The company is expected to finish the construction of the new and eco-friendly plant and put it into operation at the end of 2012. (Tr. by Ma Yu)