Huge loss for Chinese tyre manufacturer in Thailand

tyre-on-fire

According to Verapong Chaiperm, the Industrial Authority of Thailand governor, a fire on Sunday in Sriricha, Chonburi has caused $40m (£26.6m) in losses.

Six out of 15 warehouses at the Linglong International Tyre compound were destroyed by the blaze of which the cause is not yet known.

The fire forced Linglong, one of China's largest tyre companies

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