• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My account
  • Log In
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • All Headlines
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Premium Report
  • Features
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Aftermarket 2020
    • Tyre Recycling 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Search
  • Menu
You are here: Home1 / factory

Posts

$250 million Ferentino tyre factory opens in Sri Lanka

Company News, International News, Premium
Ferentino; Facebook

Ferentino Tyre Corporation’s Horana, Sri Lanka tyre factory was officially opened by Sri Lankan president Gotabhaya Rajapaksa on 14 January 2021. The facility was constructed with an investment of US$250 million and can reportedly produce 2.4 million tyres annually. Tyres made at the Ferentino factory will cross a number of sectors including radial car, SUV, bicycle and even three-wheelers. These include a “Mythos” product line reminiscent of the Marangoni passenger car tyre range previously produced in the same place (see below). Of the 2.4 million tyres produced annually at the Ferentino factory in this phase, 80 per cent are destined for export markets. A second phase is scheduled to be completed in March 2022.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Pyramids Tires: $350 million Egyptian factory begins manufacturing
  2. Marangoni investing $75 million Sri Lanka industrial capacity
  3. Sentury internationalising with US tyre factory investment
  4. Nokian to invest $360 million in new US tyre factory
15th January 2021/0 Comments/by Chris

Chinese wheelmaker opens second production line in Morocco

Company News, International News
Moroccan Department of Industry

Aluminium casting and automotive parts specialist, Citic Dicastal kicked off production at its second aluminium wheel factory in Morocco at the end of December 2020. With a budget of 350 million euros, the Chinese wheelmaker aims to double its capacity in Morocco to 6 million wheels and create a total of 1,250 jobs. According to local news reports, the Dicastal-made wheels are destined for vehicles made by the French OEM PSA Group as well as exports.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Sentury Tire joins the Shenzen Stock Exchange
  2. Giti to build $560 million US tyre plant
  3. Georgia selected as location for $500 million Sentury Tire US factory
  4. Prinx Chengshan invests £19 million in purchasing land for new Thailand tyre factory
7th January 2021/by Chris

Toyo breaks ground on Serbia tyre factory

Company News, International News
Presidency of Serbia; Dimitrije Goll

Toyo Tire Corporation and its Toyo Tire Serbia LLC Belgrade manufacturing subsidiary broke ground at the site of Toyo’s new tyre plant in Indjija City, the Republic of Serbia, on 15 December 2020. Toyo Tire’s eighth tyre manufacturing base is due to start tyre manufacturing operations in April 2022, with a capacity of 5 million passenger car tyres per annum by the summer of 2023.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Toyo investing 390 million euros in Serbia tyre factory
  2. Toyo given free land as part of 364 million euro Serbia tyre factory investment
  3. Toyo Tires setting up European R&D centre
  4. Toyo Serbia factory receives approval for 41 million euro subsidy
16th December 2020/by Chris

Bridgestone in talks with 2 tyremakers about Béthune factory sale

Company News, International News
Bridgestone

Bridgestone announced plans to close Béthune, France factory back in September 2020. Now, however, the location looks likely to retain a role in the broader automotive sector after the Japanese tyremaker reported that it has identified 24 opportunities relating to the future of the site. Two of the options relate the sale of the site to other tyre manufacturers. Five of the identified projects concern the installation of new activities on the site in tyre and rubber fields as well as batteries and other sectors. Two of the proposals relate to “the installation of activities outside the site”. Nine projects are said to be in the study phase.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Bridgestone temporarily closes, slows tyre production at European factories
  2. French government willing to invest in Bridgestone Bethune rescue
  3. Bridgestone confirms Béthune plant closure
  4. Honda closes Swindon car factory
15th December 2020/by Chris

Britishvolt to build UK’s 1st battery gigaplant in Blyth, Northumberland

UK News

Despite signing an MoU regarding a similar project in Wales in July, Britishvolt has appointed a construction company (ISG) to build a new gigaplant in Blyth, Northumberland, with construction planned to commence in Summer 2021. The result of £2.6 billion investment, it will begin producing lithium-ion batteries for the automotive and renewable energy industries at the end of 2023. Construction of further phases will continue until the end of 2027.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Britishvolt considering Wales for huge battery factory
  2. Michelin achieves greater energy efficiency in Dundee
  3. Britishvolt names key strategic partners
  4. GKN Wheels reports 300% increase in wheel output at Telford factory
15th December 2020/by Chris

Toyo Serbia factory receives approval for 41 million euro subsidy

International News

Following the news that the Japanese tyremaker has received free land as part of the state support package for its Serbia tyre plant, the country’s state aid commission has approved the allocation of 41 million euros ($48.7 million) in government financing to Toyo to support the construction of the new factory in Indjija, northern Serbia.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Toyo given free land as part of 364 million euro Serbia tyre factory investment
  2. Toyo investing 390 million euros in Serbia tyre factory
  3. Triangle: no Russian tyre plant…for now
  4. Linglong considering European factory
25th November 2020/by Chris

Linglong injects 146 million euros of capital into Serbian tyre factory project

Company News, International News
Zrenjanin city government

Shandong Linglong plans to increase the capital of its Linglong International Europe Serbian unit by US$174.1 million (146.6 million euros) for the construction of its tyre factory in Zrenjanin, northern Serbia. When finished the factory will require 1,200 employees and produce 13 million tyres per year.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Linglong Tire confirms Serbia factory plans
  2. Linglong holds business investment talks with EBRD
  3. Toyo investing 390 million euros in Serbia tyre factory
  4. Toyo given free land as part of 364 million euro Serbia tyre factory investment
20th November 2020/by Chris

Continental distributes first Clinton, Mississippi-made truck tyres

Company News, International News
Continental AG

The first truck tyres made at Continental’s greenfield factory in Clinton, Mississippi, US are being delivered four years after the company broke ground on the project. The Clinton plant is Continental’s first new plant for the truck tyre business globally in more than 10 years. It produces large truck and bus tyres for the North American market and will employ 500 people by the end of 2020. Clinton is Continental’s second location producing truck tyres in the US. The other can be found in Mount Vernon, Illinois. According to the Continental, more than 280 employees collaborated safely to deliver the first shipment of tyres.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Conti to double Otrokovice TBR capacity, widen export programme
  2. Triangle building fifth factory
  3. Continental Celebrates Mississippi tyre plant opening
  4. Silverstone Tyres To Be Introduced Into China
11th November 2020/by Chris

Tatneft investing 217 million euros in Kazakhstan tyre factory

International News
Information office of the Prime Minister of the Republic of Kazakhstan

Askar Mamin, the prime minister of the Republic of Kazakhstan, recently hosted the general director of PJSC Tatneft, Nail Maganov, for talks relating the construction of a new tyre factory in Kazakhstan.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Tatneft invests in Kazakhstan tyre factory joint venture
  2. Pyramids Tires: $350 million Egyptian factory begins manufacturing
  3. Open for business: T&A tours Triangle HQ and manufacturing base
  4. Qingdao Doublestar doubling capacity
5th November 2020/by Chris

Green restart: Retreaded tyres as a decarbonisation aide

Premium, Retreading, UK News
Michelin

Despite the fact that the UK was in the middle of lockdown, Michelin Tyre Plc’s ultra-modern retread manufacturing operation resumed production at the end of April. In fact, according to the company, there were only two reasons that the Campbell Road, Stoke-on-Trent site paused manufacturing at all: because the coronavirus-related closures coincided with a pre-planned maintenance stoppage; and because – again due to Covid-19 – there was trouble securing deliveries of the right raw materials from the continent prior to April (see “Michelin Stoke up-and-running, looking forward to ‘steady market growth’” for Michelin UK factory manager Francois Levert’s view on how things have progressed after reopening). Therefore, Michelin UK’s retread manufacturing operation only actually endured a three-week factory shutdown. The neighbouring UK headquarters opened in mid-July and so now its truck tyre and retreading business is putting the focus on success in the new normal. This began with a communications drive that has seen the manufacturer promote the ecological benefits of retreads. Tyres & Accessories spoke with Michelin Plc managing director Chris Smith in order to find out more.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Michelin UK resuming production at Stoke retreading factory
  2. Vaculug names new MD, fleet appointments
  3. Michelin Stoke up-and-running, looking forward to ‘steady market growth’
  4. Arthur Gregg new Bandvulc MD
5th October 2020/by Chris

MTP opens US$100 million off-highway tyre factory in India

International News, Product News
MTP

Mahansaria Tyres Private Limited (MTP) commenced manufacturing at its greenfield off highway tyre factory in Panoli, in the western Indian state of Gujarat.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Mahansaria Tyres comments on EATD acquisition
  2. Pyramids Tires: $350 million Egyptian factory begins manufacturing
  3. EATD to distribute Mahansaria off-highway tyres in 8 European markets
  4. GKN Wheels reports 300% increase in wheel output at Telford factory
28th September 2020/by Chris

GKN Wheels reports 300% increase in wheel output at Telford factory

UK News
GKN

GKN Wheels’ multi-million-pound investment programme at its Telford factory has resulted in the achievement of record targets. Despite a number of obstacles, not least the impact Coronavirus pandemic has had on the plant’s operational capabilities, the new manufacturing plant is now producing more than three times as many wheels as the old plant, with 55 high-quality off-highway wheels now being manufactured every hour. With the new line now fully operational, the old lines and assembly cells have now been decommissioned and disposed of.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Pyramids Tires: $350 million Egyptian factory begins manufacturing
  2. European Springs expands with 1 million euro investment in UK operations
  3. Wheel-maker GKN launches new website
  4. One Million Pound Investment In Tenneco Exhaust Factory
25th September 2020/by Chris

Toyo given free land as part of 364 million euro Serbia tyre factory investment

Company News, International News, Premium

The Serbian state is set to give Japanese tyre manufacturer Toyo 637,455 square metres of land worth roughly 3 million euros for its newest factory. According to a Serbian State Aid Control Commission decision, the countries Tax Administration calculated that – based on a land valuation of 5 euros per square metre, Toyo will have to employ 523 workers indefinitely by 2023.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Toyo investing 390 million euros in Serbia tyre factory
  2. Georgia selected as location for $500 million Sentury Tire US factory
  3. Jiangsu General investing US$300 million in Thailand tyre plant
  4. Serbia to become PCLT tyre production hub
18th September 2020/by Chris

Sentury Tire joins the Shenzen Stock Exchange

Company News, International News, Premium

Having received approval back in June, Qingdao Sentury Tire has successfully completed its Initial Public Offering (IPO) and is now listed on the Shenzhen Stock Exchange (China) as of 11 September 2020. 11 per cent of the company’s shares were valued at 1.31 billion yuan (162 million euros; £149.859 million) by investors, resulting in a theoretical total valuation of 1.47 billion euros. The offered shares offered were oversubscribed 2887 times over. But what is the company planning to do with its newly-raised funds?

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Georgia selected as location for $500 million Sentury Tire US factory
  2. Nexen appoints Seung-Do Jin as new European president
  3. Giti to build $560 million US tyre plant
  4. Sentury internationalising with US tyre factory investment
11th September 2020/by Chris

Maxam Tire opens new solid tyre factory in Vietnam

Company News, International News
Maxam

Speciality tyre manufacturer Maxam Tire has opened a new advanced and automated solid tyre production facility. It said the new facility represents “a major commitment to the speciality solid tyre segment.” Maxam added that the plant is “strategically aligned to better serve today’s market demands through compound advancement and automated technology.” Sources within the Sailun Group told Tyres & Accessories that the factory is located in Vietnam.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Camso inaugurates Vietnam solid tyre plant
  2. Official opening for Bridgestone’s Vietnam plant
  3. Kenda Rubber investing £200M to build car tyre factory in Vietnam
  4. Sailun to build all-steel, OTR tyre plant in Vietnam
27th August 2020/by Andrew
Page 1 of 81123›»

Advert Location: 3

Advert Location: 10

Advert Location: 3

Popular Articles Today

Advert Location: 10

Advert Location: 11

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Scroll to top