Lately, the construction project with an annual output of 39.80 million automobile shock absorbers of TOKAI Rubber (Jiaxing) Co., Ltd. passed the completion acceptance of the environmental protection department.
The total investment of this project was 180 Million Yuan, in which the investment in environmental protection was 11.64 Million Yuan, accounting for about 6.46% of the total investment of the project. The demand for metal parts, the main raw material of the project, was 6962 tons/year, in which the demand for iron metal parts was 6936 tons/year and that for aluminum metal parts was 26 tons/year; the demand for rubber was 5000 tons/year, in which the demand for NR was 4700 tons/year and that for EPDM was 300 tons/year. The total personnel quota was 1000 persons.
TOKAI Rubber Industries Ltd. is an industrial enterprise in Japan engaged in professional production of various automobile spare parts such as automobile shock absorbers, rubber hoses, etc. In September 2003, TOKAI Rubber Industries Ltd. introduced advanced production equipment and scientific management method and took full advantage of preferential policy and good operating conditions granted by Jiaxing City to overseas-funded enterprises to establish TOKAI Rubber (Jiaxing) Co., Ltd. in Jiaxing Economic Development Zone for production and sales of various parts such as automobile shock absorbers.
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