Bridgestone addressing mining, construction sector demand with Thai OTR plant
Global demand OTR radials for use in construction and mining applications is growing, and to meet the needs of a hungry market, Bridgestone intends to build a new production facility in Thailand. On 5 March the Japanese tyre maker announced plans to invest around 50 billion yen (£385.6 million) setting up the tyre plant in Rayong, and production there is expected to begin in the first half of 2015. Production capacity at the new plant is expected to reach approximately 85 tons per day by the 1st half of 2019, when scheduled capacity increases are completed. In addition, Bridgestone will also erect a steel cord manufacturing facility through its cord manufacturing subsidiary.
The Rayong plant will be Bridgestone’s first OTR radial facility outside of Japan and the US, and the company says it will “allow Bridgestone to enhance global ORR (off the road radial) capacity while responding with increased flexibility to changes in the market.” The plant will reportedly incorporate advanced environmental technologies that contribute to resource conservation, such as a system for processing wastewater while manufacturing to maximise water reuse, and a cogeneration system.