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Sumitomo Rubber to raise Chinese tire output 60%

Fuel-saving tires seen gaining traction

Sumitomo Rubber plans to spend 30 billion yen to expand its Hunan plant.

OSAKA -- Sumitomo Rubber Industries will increase its Chinese production capacity of passenger vehicle tires by roughly 60% by 2020, anticipating brisk demand for fuel-saving tires.

The Kobe-based rubber company plans to boost capacity in China to 100,000 tires daily. To achieve this, it expects to spend about 30 billion yen ($267 million) to triple output at a plant in inland Hunan Province from around 20,000 to 60,000.

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