Continental to build hot retread plant in Western Europe
Continental AG is investing in a hot retreading production plant in Western Europe, the company has announced. A statement explained that this decision aims to underline the “great importance of retreading business for Continental” and adds weight to its ContiLifeCycle concept. No details of the amount of investment have been released. The location of the new production site will be announced at a later date.
“Setting up a production facility for ContiRe products will further strengthen the position of our ContiLifeCycle concept and make use of our expertise in premium tyre development, quality management and production,” comments Christian Sass, director Retread Business at Continental.
Continental will gradually phase out its successful collaboration with the partners who previously produced ContiRe tyres, leaving these companies free to pursue other business opportunities.