Increasing ag focus: Apollo Vredestein reducing PCR production in Netherlands plant

28th August 2018 | 0 Comments
 
Increasing ag focus: Apollo Vredestein reducing PCR production in Netherlands plant

During a conference call held this month, the chief financial officer of Apollo Tyres Ltd. confirmed that passenger car tyre production at the Apollo Vredestein plant in Enschede, the Netherlands would be reduced as capacity for these products grows in the company’s new, more cost-competitive facility in Gyöngyöshalász, Hungary. However, this trend shouldn’t be seen as a transfer of capacity, as the plan for Enschede going forwards is for its continued utilisation, with greater emphasis placed upon other segments.

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