Market News

    Hongtai to build tire recycling plant in China

    HEFEI, China—China's Hongtai Holding plans to build a new scrap tire recycling plant in Hefei that is expected to have the ability to treat 300,000 metric tons of scrap tires each year. The planned 1.2 million-sq.-ft. facility will be located in Hefei's Lujiang High-tech Industrial Development Zone.