Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market.
China's century-old Qingdao Doublestar Group, whose growth in the U.S. was stymied by elevated import duties for a decade, is ready for a strong return in America
Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market.
Cambodia exported 107,938 tonnes of natural rubber latex in the first five months of 2023, up 2,690 tonnes or 2.6 per cent year-on-year, although the total value dropped by nearly 14 per cent, according to statistics from the General Directorate of Rubber (GDR) under the Ministry of Agriculture, Forestry and Fisheries.
China's century-old Qingdao Doublestar Group, whose growth in the U.S. was stymied by elevated import duties for a decade, is ready for a strong return in America