Steel Cord Company Opens European Subsidiary
Xingda steel tire cord customers in Europe will now be supported by Xingda Europe Ltd. The new company, a subsidiary of Xingda Co., held its grand opening late last year in Luxembourg.
Xingda Europe will provide more efficient technical services to regional rubber and tire manufacturers throughout Europe, with the purpose of helping European customers "create greater value and strengthen the relationship with European stakeholders, industry organizations, government, PR agencies and institutions, etc.," said the company.
“The establishment of Xingda Europe will certainly enhance the presence of Xingda in the whole European market, advance the implementation of the company’s internationalization strategy, and continue its leading role in the development of the rubber steel tire cord industry all over the world,” said Xingda Co. General Manager Liu Xiang.
The opening of Xingda Europe follows the parent company's establishment of the Xingda American Co. and a steel cord production facility in Thailand.
China-based Xingda is a global leader in producing rubber-steel cord, with a large steel cord production and manufacturing base. It produces steel cord, bead wire, hose wire and special steel wire. The products apply to automobile tires, high-pressure hoses, construction machinery, elevators and conveyor belts.
The company, with more than 7,000 employees, provides products and technical services to more than 200 customers in more than 30 countries and regions around the world. It has three major production bases: Jiangsu and Shandong, China, and Thailand, and has branches in the United States, Luxembourg, Thailand, "and a would-be Indian office." It also has technical service centers in North America, Europe and the Asia-Pacific region.
For more information, visit www.xingda.com.cn.