Sailun Tire announced on June 17 that it will invest more than $1.14 billion to build a tire capacity expansion project in Egypt. This is the company's third major investment in Egypt within a year, following a $291 million project in August 2025 and a $285 million expansion earlier this year.

Located in the Suez Canal Economic Zone in Egypt's Suez province, the project will give Sailun a comprehensive production base in Egypt with an annual capacity of 36 million radial tires, 3.3 million all-steel radial tires, and 20,000 metric tons of off-the-road tires, significantly expanding production capacity at its North African manufacturing hub.

Sailun Tire is a pioneer in the global expansion of China's tire industry. Founded in 2002, the company was listed on the Shanghai Stock Exchange in 2011. In 2025, Sailun achieved revenue of 36.79 billion yuan ($5.4 billion), with tire production and sales hitting record highs both domestically and internationally.

As the first Chinese tire company to build a factory overseas, Sailun currently operates nine production bases across China, Vietnam, Cambodia, Indonesia, and Mexico, with three more plants under construction. It has also established four R&D centers in China, the Americas, Europe, and Southeast Asia, exporting to more than 180 countries and regions.

In 2025, the company's overseas revenue reached 28.23 billion yuan, up 18.54 percent year-on-year and accounting for 76.72 percent of total revenue. Overseas markets have become a core pillar driving Sailun's business growth.

Sailun Tire invests more than $1.14 billion in a new Egypt plant, strengthening its global production network. [Photo/Official website of Sailun Group]