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	<title>IR Channel RSS &#187; Hixih Group ..</title>
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	<link>http://www.pirelli.com/corporate/en/channel/irchannel</link>
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	<pubDate>Mon, 21 May 2012 12:41:50 +0000</pubDate>
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		<title>PIRELLI ECO TECHNOLOGY ARRIVES TO CHINA</title>
		<link>http://www.pirelli.com/corporate/en/channel/irchannel/2009/09/15/pirelli-eco-technology-arrives-to-china/</link>
		<comments>/corporate/en/channel/irchannel/2009/09/15/pirelli-eco-technology-arrives-to-china/#comments</comments>
        <pubDate>Tue, 15 Sep 2009 19:10:00 +0000</pubDate>
		<dc:creator>by Pirelli</dc:creator>
				<category><![CDATA[Investors]]></category>
		<category><![CDATA[Pirelli]]></category>
		<category><![CDATA[Pirelli Eco Technology]]></category>
		<category><![CDATA[2009-2011 Industrial Plan]]></category>
		<category><![CDATA[diversified industrial development centre]]></category>
		<category><![CDATA[filter production plant]]></category>
		<category><![CDATA[Hixih Group]]></category>

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<description><![CDATA[<p><img class="alignleft size-full wp-image-218" style="margin: 15px 5px" src="http://www.pirelli.com/irchannel/files/2009/09/eco-tech1.gif" alt="eco tech" width="136" height="51" /></p>
<p><strong>Pirelli</strong> signed a memorandum of understanding with the <strong>Hixih Group</strong>, a pneumatic manufacturer partner of the <strong>Pirelli Group</strong> since 2005; the agreement concerns the realization of a <strong>filter production plant</strong> in Yanzhou. The understanding falls within the scope of memorandums signed with the Italian Ministry of Territorial Protection, Water and Environment and will lead to the realization of a new factory, whose construction is expected for the first quarter of 2010. This new facility will be located in <strong>province of Shandong</strong>, where the two <strong>truck and car tyre production sites</strong> are located, hence creating a new <strong>diversified industrial development centre</strong>, capable of using the <strong>synergy</strong> from the production and from the commercialisation of the two products. The expended investment according to the <strong>2009-2011 industrial plan</strong>, could arrive to 50 million euros within this three-year period (15-20 million euros for Eco Technology), entailing a productive <strong>capacity of about 100 thousand filters per year and about 1,200 employees</strong>.</p>
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