Tag: new factory

Prinx Chengshan breaks ground on Thailand tyre plant project

Prinx Chengshan breaks ground on Thailand tyre plant project

1st April 2019 | 0 Comments

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.

Continue Reading

Linglong Tire begins Serbia factory project

Linglong Tire begins Serbia factory project

1st April 2019 | 0 Comments

A ceremony has taken place to mark the start of work on Linglong Tire’s new tyre factory in Serbia. Company chairman and chief executive officer Wang Feng greeted guests at the site of the future plant on 29 and 30 March to launch the new subsidiary, Linglong International Europe D.O.O. Zrenjanin (LLIE), and to hold the tyre maker’s global partner conference.

Continue Reading

Official opening for Continental’s Thailand tyre plant

Official opening for Continental’s Thailand tyre plant

28th March 2019 | 0 Comments

Continental’s new tyre making facility in Thailand is officially up and running. A ceremony was held yesterday to mark the occasion, with around 500 people present to mark inauguration of the 250-million-euro greenfield factory in Rayong. Production will now be ramped up to provide a capacity to manufacture some four million passenger car and light commercial vehicle tyres by 2022. These tyres will be sold locally and throughout the entire APAC region.

Continue Reading

Linglong Tire to officially start Serbia plant project

25th March 2019 | 0 Comments

The City of Zrenjanin in Serbia reports that Linglong Tire will lay a symbolic foundation stone on 30 March to mark the start of construction work on its new tyre factory. The ceremony will be attended by China’s ambassador to Serbia as well as national and local officials.

Continue Reading

Vietnam factory: Guizhou Tyre establishes subsidiary

19th March 2019 | 0 Comments

It’s almost two years since we first heard of Guizhou Tyre Co. Ltd’s intention to establish a plant in Vietnam, and plans have been taking shape since then. On 4 March, the Chinese tyre maker’s Board of Directors approved the establishment of a new wholly-owned subsidiary.

Continue Reading

Nokian Tyres’ US plant on track for 2020 start

Nokian Tyres’ US plant on track for 2020 start

12th March 2019 | 0 Comments

Providing an update on its USA factory project, Nokian Tyres reports it is on schedule to begin producing tyres at the Dayton, Tennessee site in 2020. Progress made so far on the facility’s construction, it adds, has been “significant”.

Continue Reading

New factory: Linglong Tire signs investment agreement with Serbia

New factory: Linglong Tire signs investment agreement with Serbia

25th September 2018 | 0 Comments

Shandong Linglong Tire’s plans to set up a tyre factory in Serbia gained a further boost on 17 September with the finalisation of an investment framework agreement with the country’s Ministry of Finance. The document was signed by Linglong chairman Wang Feng and Siniša Mali, Serbia’s Minister of Finance, at a ceremony in Beijing also attended by Aleksandar Vučić, President of Serbia.

Continue Reading

Prinx Chengshan building Southeast Asia factory

20th September 2018 | 0 Comments

During a meeting with European dealers, Prinx Chengshan's Michael Chu shared details of the company's plans to set up a new manufacturing facility outside of China. Prinx Chengshan is currently in negotiations with authorities in Malaysia and aims to establish both PCR and TBR production there.

Continue Reading

Linglong Tire confirms Serbia factory plans

Linglong Tire confirms Serbia factory plans

27th August 2018 | 0 Comments

Several days after its Board of Directors approved plans to build a factory in Serbia, Shandong Linglong Tire Co., Ltd. signed an investment memorandum with regional and national officials. Company chairman and president Wang Feng signed the agreement together with Goran Knežević, Serbia’s Minister of Economy, at a ceremony held in Zrenjanin, Serbia on 23 August. Aleksandar Vučić, president of Serbia, and Li Manchang, China’s ambassador to the country, also attended the ceremony.

Continue Reading

Maxxis aiming for 15% of India’s two-wheel tyre market, planning additional factories

Maxxis aiming for 15% of India’s two-wheel tyre market, planning additional factories

22nd August 2018 | 0 Comments

The Maxxis Group’s first tyre factory in India opened in March. The facility in Gujarat state was set up with an investment of US$400 million and began operating with an initial daily capacity of 20,000 tyres and 40,000 tubes. Maxxis Rubber India shares that original equipment tyres have now begun to be shipped from the 43-hectare Sanand plant to Honda Motorcycle & Scooter India (HMSI), and it plans to supply one million tyres to its OEM partners by the end of the year. Furthermore, the tyre maker intends to complement its recently-opened plant with five additional factories in India that will produce tyres for other segments.

Continue Reading

Linglong Tire greenlights Serbia factory project

Linglong Tire greenlights Serbia factory project

21st August 2018 | 0 Comments

Under Linglong Tire’s ‘5+3’ strategy, the company aims to establish three tyre factories around the world in addition to five facilities in China. The tyre maker’s first international plant was inaugurated in Thailand in 2014, and yesterday Linglong Tire announced its Board of Directors’ approval of plans to build a second in Serbia. Construction of a new facility 30 miles north of Belgrade is expected to commence in the first half of next year and ultimately give Linglong Tire an annual capacity of 13.62 million tyres in Europe. The project involves an investment of US$994.39 million.

Continue Reading

Ceat signs India factory MoU

9th July 2018 | 0 Comments

In a letter to BSE, Ceat Ltd. has confirmed entering into a Memorandum of Understanding (MoU) with the government of India’s Tamil Nadu state. The tyre maker told the stock exchange that the MoU for setting up a new greenfield facility covers an estimated investment of Rs 40 billion (£437 million) over a period of ten years. It adds that passenger car radials, commercial vehicle radials and two-wheeler tyres will be produced in the plant.

Continue Reading

Camso to open new track manufacturing plant

27th June 2018 | 0 Comments

A new track manufacturing plant is being set up in the USA to meet growing demand from agricultural and construction segment customers for Camso’s tracks and track systems. The 139,000 square foot (12,900 square metre) facility, located in Junction City, Kansas, is expected to open in January 2020. The increase in production capacity that will accompany the plant’s opening will enable Camso to shorten its delivery lead times.

Continue Reading

Continental begins equipping new Thailand tyre plant

Continental begins equipping new Thailand tyre plant

21st March 2018 | 0 Comments

It’s only been four months since the foundation stone for Continental’s new tyre factory in Rayong, Thailand was laid, yet good progress has already been made. On 15 March the first machine was installed within the plant, an occasion celebrated by some 180 guests, Thai officials, as well as Continental management and representatives from the local project team, suppliers and dealers.

Continue Reading

Maxxis opens tyre factory in India

Maxxis opens tyre factory in India

8th March 2018 | 0 Comments

The Maxxis Group has officially inaugurated its first plant in India. The Maxxis Rubber India facility in Ahmedabad, Gujarat state, was set up with an investment of approximately US$400 million and specialises in the production of tyres and tubes for two-wheel vehicles. Production at the site began half a year ago with an initial daily capacity of 20,000 tyres and 40,000 tubes.

Continue Reading

[ + ]