The Sailun Group is investing around RMB 1 billion (£110.6 million) to boost passenger car tyre capacity at its factory in Dongying, Shandong Province to 27 million tyres a year. This growth will take place as part of Sailun’s ‘HP Tire Expansion Project’ and is considered a “necessary guarantee for the group to impact the domestic mid/high-end OE market.”
Sailun Group Co., Ltd. has issued a new timetable for the completion of its project to add capacity for larger rim passenger car and light commercial vehicle tyres at its Dongying factory in China. The self-funded investment to add 15 million units of capacity will now be implemented by December 2020 rather than this year, as originally planned. According to Sailun Group, the level of investment in the project and proposed usage of the funds remains the same.
Prinx Chengshan reports that “steady progress” is being made at its new tyre factory in Thailand. Construction work commenced on 31 March and the purchase of key equipment by invitation to tender has now been completed. The company estimates that all steel production workshops, mixing workshops, and supporting public works will be completed by the end of this year. Production at the site should commence in 2020.
Passenger car tyre production and capacity at Apollo Tyres’ Gyöngyöshalász plant in Hungary has steadily grown over the past two years. These respectively reached 2.1 million and almost 3 million units a year by the end of March 2019, and Apollo is still ramping up in Hungary. It’s a different story in Enschede, some 700 miles to the west, but Apollo Tyres says it isn’t preparing to end car tyre production in the Netherlands any time soon.
Capacity at the Prometeon Tyre Group plant in İzmit, Turkey will increase by 75 per cent by 2020 in order to accommodate plans to almost double exports from the facility. This project will be funded by a US$115 million investment announced by the company on Tuesday.
Pirelli Tyre Russia and Rostec have placed their signatures upon a memorandum covering plans to more than double production capacity at the Voronezh Tire Plant in southwest Russia. This agreement formalises the long-held aim of increasing capacity at the joint venture facility from 2 million to more than 4 million passenger car tyres per annum.
ZC Rubber will increase capacity at its Thailand plant, with the expansion online by the end of 2018. The company said the strategic expansion will include increased production of truck and bus, car and OTR tyres. ZC Thailand, the Thai subsidiary of ZC Rubber, opened in 2015 with a production line covering PCR, TBR, OTR and two-wheel tyres.
ZC Rubber hosted a meeting for dealers and partners in Bangkok, Thailand on 28 Januaruy. The distributor conference was headlined, “More Progress More Achievement”, focusing on improving market share in local tyre markets. Ge Guorong, vice president of ZC Rubber, shared the great achievement in the 2017 that the company’s sales revenue was up for 2017, by about 22 per cent.
Linglong reports that the first truck and bus radials produced at the firm’s Rayong, Thailand production plant rolled off the manufacturing line at 9:28 on 28 May 2015. Construction of the truck tyre production line began in June 2014.
A report published by The Financial Express yesterday claims Apollo Tyres will implement the previously announced production capacity expansion at its factory in Chennai over the coming year. According to Satish Sharma, president of the tyre maker’s Asia Pacific, Middle East and North Africa business, the planned boost in the plant’s truck and bus radial capacity from 6,000 to 9,000 tyres per day will cost Apollo Rs 15 billion (£155.6 million). Passenger car tyre capacity in Chennai will remain at current levels for the time being.
Commercial production has started at Yokohama Rubber’s tyre plant in India’s Haryana state. The facility, Yokohama’s first in the country, was officially inaugurated in February 2014 and undertook trial production throughout the first half of the year. Plant capacity during this initial phase of commercial production is 2,000 tyres a day. Plant output will focus on the Earth-1 tyre range, which has been specifically designed for the Indian market.
A little more than a year after the inauguration of its new plant in Rosario (Santa Fe province), Marangoni Argentina has further expanded its operations with the installation of a fifth 4-metre press for Unitread and Precauch flat pre-cure retread strips, plus two other presses for the production of Ringtreads. The presses will commence operation shortly.
Korean-based tyre manufacturer Nexen has announced that it has won a contract to supply original equipment tyres (OE) for all new Chrysler 200 cars. According to the company, the new 200 model has been produced at Chrysler’s Starling Heights assembly plant in Michigan, USA since 2011.
Bridgestone has signed a development contract with Invitalia, Italy’s agency for inward investment promotion and enterprise development, for the upgrade of Bridgestone’s Modugno plant in Bari, which employs some 800 workers. A total of €41.3 million is being invested in the project, including a €12.4 million grant from Invitalia. The agreement between the tyre maker and government agency was signed in Rome by Bridgestone Italia CEO Roberto Mauro and Invitalia CEO Domenico Arcuri.