Tag: production capacity

Apollo Tyres: Netherlands car tyre production down, but not out

Apollo Tyres: Netherlands car tyre production down, but not out

19th July 2019 | 0 Comments

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.

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Toyo Tires approves USA factory expansion

Toyo Tires approves USA factory expansion

12th July 2019 | 0 Comments

One of the outcomes of today’s Board of Directors meeting at Toyo Tire Corporation is the decision to invest in ramping up capacity at the company’s tyre factory in North America. Approximately 7 billion yen (£51.6 million) will be invested in this project.

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STARCO boosting capacity at Croatia wheel plant

STARCO boosting capacity at Croatia wheel plant

19th March 2019 | 0 Comments

A 7.2-million-euro investment will lift capacity at the STARCO wheel manufacturing facility in Croatia by 75 per cent over the coming four years. This demand-driven increase covers a range of wheel types, including pressed, spun, made-to-measure and dual wheels. The company comments that most of the investment will take place during the first year.

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Capacity to double at Magna Tyres’ Netherlands plant – again

Capacity to double at Magna Tyres’ Netherlands plant – again

13th November 2018 | 0 Comments

It’s only a couple of months since we last reported a capacity increase at the Magna Tyres Group factory in Hardenberg, the Netherlands, however the company has now announced its intention to implement another OTR tyre expansion project. While the last expansion focused on increasing 26.5R25 and 29.5R25 capacity, this time round Magna Tyres will increase 17.5R25, 20.5R25 and 23.5R25 production – capacity for these is expected to reach 7,000 tyres in 2019. Magna Tyres Group comments that this growth is in keeping with its 2018 to 2023 business plan.

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Increased capacity, exports: Prometeon investing $115 million in Turkey

Increased capacity, exports: Prometeon investing $115 million in Turkey

8th November 2018 | 0 Comments

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.

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Pirelli, Rostec investing 100 million euros to double Voronezh plant capacity

Pirelli, Rostec investing 100 million euros to double Voronezh plant capacity

30th October 2018 | 0 Comments

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.

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SRI doubles planned capacity for Brazil truck tyre plant

SRI doubles planned capacity for Brazil truck tyre plant

25th September 2018 | 0 Comments

An additional investment is being made in the Sumitomo Rubber do Brasil factory in Fazenda Rio Grande, Brazil, which is scheduled to begin producing truck and bus tyres next March. This investment of BRL 153 million (£28.7 million, US$37.6 million) builds upon the BRL 312 million investment Sumitomo Rubber Industries (SRI) announced in July 2016 for setting up bus and truck tyre production equipment in Fazenda Rio Grande. The extra investment will double the original starting capacity of 500 truck and bus tyres a day – SRI now plans for a daily capacity of 1,000 truck and bus tyres by October 2019.

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Increasing ag focus: Apollo Vredestein reducing PCR production in Netherlands plant

Increasing ag focus: Apollo Vredestein reducing PCR production in Netherlands plant

28th August 2018 | 0 Comments

During a conference call held this month, the chief financial officer of Apollo Tyres Ltd. confirmed that passenger car tyre production at the Apollo Vredestein plant in Enschede, the Netherlands would be reduced as capacity for these products grows in the company’s new, more cost-competitive facility in Gyöngyöshalász, Hungary. However, this trend shouldn’t be seen as a transfer of capacity, as the plan for Enschede going forwards is for its continued utilisation, with greater emphasis placed upon other segments.

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Magna Tyres doubles OTR tyre capacity in Netherlands plant

Magna Tyres doubles OTR tyre capacity in Netherlands plant

7th August 2018 | 0 Comments

When Magna Tyres Group officially commenced production at its Obo Tyres plant in Hardenberg, the Netherlands on 11 January, Obo general manager Peter Schrijver told us that high levels of efficiency, lower transport costs and lower import duties make it “very cost effective” for Magna Tyres to manufacture in Europe. He also said that Magna had placed a further order for 23-, 26- and 29-inch presses and would undertake measures to effectively double capacity. Just over half a year on, the company has completed its first expansion in Hardenberg. According to Magna Tyres, OTR tyre production capacity is almost twice what it was at the start of the year.

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30% capacity increase: Bridgestone announces investment in Poznań tyre plant

6th August 2018 | 0 Comments

Approximately £145 million will be invested in the Bridgestone tyre plant in Poznań, Poland over the next half a decade in order to boost production capacity by around 30 per cent. Quoted in a Bridgestone press release, Roman Staszewski, plant manager and managing director of Bridgestone Poznan, said close to PLN 700 million would be invested and, by 2022, new technology would be added and current production lines upgraded in order to increase daily production capacity from 31,000 to more than 40,000 tyres.

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Rosava ‘restructuring’ as plant readies for larger tyre sizes

Rosava ‘restructuring’ as plant readies for larger tyre sizes

9th July 2018 | 0 Comments

Despite a company restructuring that includes the closing down of the private joint-stock company (PJSC) Rosava, the Rosava factory in Bila Tserkva, Ukraine is currently gearing up to begin production of 19-inch tyres following the installation of new plant equipment.

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India expansion to boost Yokohama Rubber’s off-highway tyre production

15th January 2018 | 0 Comments

A total of US$45.5 million is being invested to expand the Yokohama Group’s global production capacity for off-highway tyres. The investment will cover the production of a new plant in India that will add a further 34,700 tonnes to Yokohama’s capacity by the end of 2019. Work on the plant will commence next month at the site in Dahej operated by ATC Tires Pvt. Ltd., a subsidiary of Yokohama Rubber’s July 2016-acquired off-highway company Alliance Tire Group (ATG).

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Nokian Heavy Tyres lifting production capacity by 50%

Nokian Heavy Tyres lifting production capacity by 50%

22nd December 2017 | 0 Comments

Through an investment of around 70 million euros in its factory in Nokia, Finland, Nokian Tyres group company Nokian Heavy Tyres Ltd. will increase its production capacity by 50 per cent over the coming three years. The maximum capacity for heavy tyre production will grow from approximately 20 million kilogrammes a year to 32 million kilogrammes. Alongside this capacity boost, approximately 50 additional people will be hired for the production of heavy tyres.

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Twaron Aramid capacity to grow more than 25%

22nd December 2017 | 0 Comments

Teijin Aramid intends to increase production capacity for its Twaron fibre by more than 25 per cent. This additional capacity will become fully available by the end of 2022.

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Three Bridgestone tyre plants in Europe to benefit from major investment

16th October 2017 | 0 Comments

Approximately 266 million euros are to be invested into three key Bridgestone production sites in Europe. In a statement covering its plans, Bridgestone Europe shares that funds will be directed towards expanding capacity at its Burgos facility in Spain and the Poznan and Stargard sites in Poland. The expansion projects will take places in phases over the coming five years, with all upgrades expected to be completed by early 2022.

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