During a ceremony held today and attended by local and regional officials, Yokohama Off Highway Tires (YOHT) inaugurated its newest factory in India and broke ground on the second stage of work at the site. Located in Visakhapatnam, Andhra Pradesh state, the new plant is YOHT’s third in the country.
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.
Jinyu Tire Group hosted the groundbreaking ceremony of Jinyu (Vietnam) Tire Company Ltd’s 2 million tyre a year factory in Phuoc Dong Industrial Park, Tay Ninh Province, Vietnam on 18 June 2020. Local industrial park leaders as well as customer, supplier and construction representatives attended on the behalf of Jinyu Tire Group partners in light of the Covid pandemic
Groundbreaking took place earlier this month for the China (Dongying) Intelligent Connected Vehicle (ICV) Test Site project, a joint venture between FAW Group, Dongying City and Sailun Group. The ceremony was attended by more than 200 people, including Sailun chief executive officer Yuan Zhongxue.
Construction work on a project to expand STARCO’s operation in Poland officially commenced last week. STARCO says the addition of new warehouse and fitting facilities at the Mielec site, around 50 miles east of Krakow, will increase floorspace from 2,500 to 5,500 square metres. The new facilities should be operational early next year.
Groundbreaking took place last month on a new Maxtrek Tyres plant in Malaysia. Guangdong, China-based tyre maker Zhaoqing Junhong Co., Ltd. is setting up the plant on a 121.4-hectare site within the Malaysia-China Kuantan Industrial Park (MCKIP) in Pahang state.
A groundbreaking ceremony has been held for the new Prinx Chengshan Thailand factory in the WHA Eastern Seaboard Industrial Estate EISE 3 in Chonburi. The new plant is amongst the first to be set up in the industrial park, and Prinx Chengshan notes that a launching ceremony for the park was held today.
German tyre and wheel wholesaler Reifen Gundlach is investing more than 20 million euros in an additional production line for its tyre-and-wheel assembly business. Work on the project is under way, and the 25,000 square metre building that will house the line is expected to be completed by May. Plans call for the production line to be operational in time for this autumn’s winter tyre season. The project will create around 100 new jobs at Gundlach’s site in Daufenbach, some 40 miles southeast of Cologne.
Work on a new Ronal innovation centre is now under way. Alloy wheel manufacturer the Ronal Group broke ground at the site of its future facility in Forst, Germany in late September, and on 12 October founded Ronal Technologie GmbH, the company that will take responsibility for the centre’s functions.
Tyre manufacturers in the USA will benefit from the construction of what is said to be largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant ever built. Plastics, chemicals and refining company LyondellBasell broke ground on its new facility in Texas yesterday and will invest US$2.4 billion – the largest single capital investment in the firm’s history – to set up a plant capable of producing 470,000 tonnes of PO and a million tonnes of TBA per annum. The plant is expected to enter operation in 2021.
The first sods of earth in the construction of the new Continental headquarters in Hannover, Germany were turned yesterday at an official groundbreaking ceremony. The facility, which carries the snappy title Continental Campus, is expected to be finished by the end of 2020 and provide space for 1,250 employees. The entire headquarters workforce should be housed in the new buildings by 2021, the company’s 150th anniversary.
At an event held yesterday, groundbreaking took place for the future Maxion Wheels facility in India. Invited guests, including suppliers, customers, local officials and company management, were present to witness the ceremonial turning of the first sod and unveiling of a plaque to mark the occasion.
With sods of soil sliding from shiny shovels, work on the Continental ‘Taraxagum Lab Anklam’ research and test laboratory officially began on Monday. Construction of the facility will now begin in earnest, and Continental Reifen Deutschland anticipates that the lab, based near Germany’s Baltic coast, will be operational in autumn 2018. Continental is investing a total of 35 million euros in the project, a sum supported by a subsidy of 11.6 million euros from the Ministry of Economics in the state of Mecklenburg-Western Pomerania.
Nokian Tyres marked the beginning of building work on the company’s third factory on 20 September. The new greenfield site is located in Dayton (Rhea County), Tennessee, USA. Annual capacity will be 4 million tyres, with expansion potential in the future. The site will also house a distribution facility with a storage capacity of 600,000 tyres. Construction is scheduled to begin in early 2018 and the first tyres are to be produced in 2020.
Sri Lankan industrial tyre maker Global Rubber Industries, or GRI, has laid the foundation for its new off-road tyre factory. Groundbreaking took place 4 January and marks the start of construction on a plant that will be built with an investment of US$40 million. The facility will be built adjacent to GRI’s current solid industrial tyre factory in Badalgama, Sri Lanka.
Presidency of Serbia; Dimitrije Goll
Jinyu