Pelmar Engineering to Coordinate Sale of Dunlop Nigeria Machinery
Pelmar Engineering has announced that it is coordinating the sale of Dunlop Nigeria’s tyre manufacturing plant and machinery. According to the company, the equipment is suitable for car, light van, truck and farm tyre manufacturing for tyres of both radial and cross-ply construction. The machinery was reportedly used in the full production of tyres for OE and replacement market until the end of 2008.
“In 2004 Pelmar sold the equipment to Dunlop Nigeria. It was completely reconditioned prior to installation and running in by the middle of 2005,” said Hagai Peled, senior VP and COO of Pelmar, adding: “The equipment is in excellent condition, hardly operated and offers our customers a rare opportunity to buy high quality equipment with the Pelmar assurance of quality.”
Dunlop Nigeria ended local production in April less than four years after the decision was taken to invest an estimated 6.5 billion naira (£29.4 million) on radialising plant technology. The company, recently renamed DN Tyre & Rubber Plc, now imports its tyres from South Africa.