Asia
Aeolus Tyre to Invest in Capacity Expansion Project in Egypt
Chinese tiremaker Aeolus Tyre (SHA:600469) will invest 2.68 billion yuan in a capacity expansion project in Egypt.Fengshen Tire Egypt Capacity Expansion and Efficiency Improvement Project is still subject to certain conditions such as approvals from relevant authorities, according to a Friday filing with the Shanghai bourse.
SHA:600469
