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Toyo Tires restructures European operation ahead of plant opening

With the start of production at its new factory in Serbia drawing nearer, Toyo Tire Corporation is changing its organisational structure in Europe. Toyo Tire Europe GmbH, which has served as the sales vehicle and sales headquarters within the region, will be reorganised into a holding company that includes the Serbian plant under its umbrella. From 1 June 2022, the tyre maker will thus be represented in Europe by Toyo Tire Holdings of Europe GmbH.

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  1. Toyo Tires setting up European R&D centre
  2. Toyo Tires adjusting management team to facilitate Europe tyre plant project
  3. Toyo Tire prepares for Serbia plant start with structural change
  4. Toyo Tires appoints Kuribayashi president of European production subsidiary
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Sailun approves Cambodia TBR project

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On 14 February, Sailun Group Co., Ltd.’s Board of Directors unanimously approved plans to invest RMB 1.43 billion (£165.9 million) to establish a factory in Cambodia with the capacity to produce 1.65 million all-steel truck and bus radials a year. These tyres will primarily be exported to meet demand in European and North American markets.

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  1. Sailun raising truck tyre capacity by 3 million units
  2. Sailun’s new truck tyre plant enters service
  3. Sailun evaluating car tyre production in Cambodia
  4. 9 million tyres a year – Sailun approves expanded plans for Cambodia factory
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Sentury Tire intends to build 523m euro Spanish tyre plant

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Sentury Tire, the tyre manufacturer behind the global Landsail tyre brand, has outlined its plan to construct a 522.59 million euro car and light truck tyre plant in the Galicia region of northwest Spain. Qingdao Sentury Tire Co, Ltd’s board of directors approved the proposal to build capacity for 12 million high performance and light commercial tyres on a three-year schedule at a meeting in the last quarter of 2021, announcing this intention to the Shenzhen Stock Exchange on 19 December. The company has implemented a 100 per cent owned subsidiary, Sentury Tire (Spain) Co, Ltd, via its Hong Kong trading company for the project, and wants to ramp up production in two phases; it expects the plant to reach 50 per cent capacity (six million tyres) after two years, with the second half added after three years. Sentury wants to achieve these milestones in 2024 and 2025 respectively, pending construction conditions in Spain and the availability of funding, which Sentury plans to self-raise.

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Related news:

  1. First Landsail tyres produced at new Thai factory
  2. Sentury internationalising with US tyre factory investment
  3. Sales of the Sentury
  4. Oak Tyres outlines brand strategy in new Davanti era
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STARCO Huanmei moves wheel production to new plant

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STARCO Huanmei, a wheel manufacturing operation in China founded in 2007 as a joint venture with Kenda, is moving to an entirely new production facility that provides the scope to greatly increase output. The new plant is located in Zhejiang Province, some three hours away from Shanghai. Following a traditional Chinese opening ceremony two weeks ago, STARCO anticipates the factory achieving full operation by mid-October.

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Related news:

  1. Kenda buys Starco
  2. CKT sale to have “no impact” on Kenda product supply
  3. Linglong Hubei TBR tyre plant officially opens
  4. Linglong car tyre plant commissioned
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$171m investment: Capacity at Yokohama OHT’s new plant to double

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With an additional investment of US$171 million, Yokohama Rubber Co., Ltd. intends to more than double the production capacity for off-highway tyres at its Visakhapatnam plant in India. The new plant is scheduled to begin operations in the first quarter of 2023 with a planned daily production capacity of 55 tonnes; this extra investment will lift daily capacity to 123 tonnes during a second project stage, which is scheduled to start in the first quarter of 2024.

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  1. Yokohama rebrands ATG business
  2. Alliance Tire Group introduces 10 year warranty on certain agricultural tyres
  3. Tyre production on the rise at ATG’s third factory
  4. Yokohama Off-Highway Tires EMEA raises prices
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Toyo Tire prepares for Serbia plant start with structural change

Toyo Tire Corporation shares that as of 1 July 2021, its Europe Project Development Department will cease being directly managed by the company’s Business Headquarters and will be transferred to the Production Headquarters, where it will be placed under the Headquarters Division.

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  1. Toyo Tires setting up European R&D centre
  2. Toyo Tires adjusting management team to facilitate Europe tyre plant project
  3. Rubber processing: Toyo employing materials informatics technology
  4. Toyo breaks ground on Serbia tyre factory
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BKT officially scraps USA factory project

Doubts have surrounded the future of Balkrishna Industries (BKT)’s plans to establish a factory in the USA for the past two and a half years, and now the company has officially ended the project. This decision was agreed upon during a board meeting on Monday.

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  1. BKT: No USA plant for the “foreseeable future”
  2. BKT outlaying up to $100 million to build US tyre plant
  3. Sentury Tire chooses SSOE for US plant design
  4. Triangle Tyre selects site for USA factory project
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China’s Haohua Tire building export-oriented plant in Sri Lanka

Sri Lankan newspaper Daily FT reports that Chinese tyre maker Shandong Haohua Tire Co. Ltd. intends to build a factory in the country and produce both car and truck tyres there for export markets. The plant will be located on a 121 acre (49 hectare) site near the major port of Hambantota. Haohua Tire anticipates exporting its first tyres from the plant within three years.

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  1. Land set aside for Ceylon Steel tyre factory
  2. GRI opens Sri Lanka off-road tyre plant
  3. Sri Lankan president attends GRI factory opening reception
  4. Maxam Tire opens new solid tyre factory in Vietnam
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Maxam Tire opens new solid tyre factory in Vietnam

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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.

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  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
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Commercial production starts at Nokian Tyres’ USA plant

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After several months of test production, Nokian Tyres’ new factory in the USA has begun making tyres destined for retail sale. Now that the tyre maker has reached this milestone on schedule, it will steadily increase volume throughout the year and will continue growing it until reaching an annual capacity of four million tyres by 2023.

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  1. Nokian Tyres opens USA factory
  2. Nokian Tyres’ US plant on track for 2020 start
  3. Nokian Tyres starts trial production in USA
  4. US association welcomes Nokian Tyres as country’s newest tyre maker
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Ceat begins production at newest plant

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Commercial production at Ceat Ltd.’s new production facility near Chennai, India began yesterday, reports the tyre maker. Ceat says production capacity at the plant in Sriperumbudur Taluka will now be “ramped up progressively in a phased manner” up to a daily capacity of 28,500 car tyres and 2,500 motorcycle tyres.

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  1. Ceat signs India factory MoU
  2. Ceat lays foundation stone for new tyre factory
  3. Ceat commissions Buti Bori plant
  4. Ceat acquires land for new tyre plant
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Linglong car tyre plant commissioned

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A ceremony was held on 11 January to officially inaugurate car tyre production at the Hubei Linglong Tire Co., Ltd. facility in Jingmen, China. The event was held in the same location where TBR tyre production was commissioned in December and was attended by nearly 600 guests.

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  1. Linglong Hubei TBR tyre plant officially opens
  2. Car tyre production starts at Linglong’s new plant
  3. New high for Linglong’s brand awareness
  4. Linglong Tire cancels NBA China Games partnership
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Car tyre production starts at Linglong’s new plant

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Linglong

Linglong Tire has begun making car tyres at its newest factory in China. These first Linglong Crosswind 4×4 HP tyres from the Hubei Linglong Tire Co. Ltd. car tyre plant in Jingmen were produced on 30 December, five weeks after the production of truck and bus radial tyres commenced. Company employees and local dignitaries were on hand to witness the occasion.

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  1. Linglong Tire signs cooperation agreement with Geely
  2. Safe-Run equipping Linglong’s Serbia tyre plant
  3. Linglong Hubei TBR tyre plant officially opens
  4. Linglong car tyre plant commissioned
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Linglong Hubei TBR tyre plant officially opens

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Several weeks after entering operation, TBR production at the Hubei Linglong Tire Co., Ltd. factory in Jingmen, China was officially commissioned yesterday. Linglong Tire reports that nearly 600 guests, including government and industry representatives, attended a ceremony to mark the occasion.

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  1. Linglong Tire confirms Serbia factory plans
  2. Linglong Tire begins Serbia factory project
  3. Car tyre production starts at Linglong’s new plant
  4. Linglong car tyre plant commissioned
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Better late than never: Bridgestone opens Thailand OTR plant

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A ceremony was held yesterday to mark the official opening of Bridgestone’s new OTR tyre factory in Thailand, marking the conclusion of a long and at times less than certain construction and preparation programme. The ceremony was attended by Bridgestone Group executives as well as members of the Board of Investment, Thailand, Rayong Province, and Japanese Embassy.

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  1. Bridgestone postpones Thailand plant start as mining slowdown continues
  2. Bridgestone to show ‘world’s largest’ 4m tyre at Bauma 2019
  3. Australia centre a model for Bridgestone’s global mining solutions
  4. Official opening for Continental’s Thailand tyre plant
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