Tag: production capacity

Bridgestone looking to increase capacity in South Africa

8th October 2019 | 0 Comments

Bridgestone is considering increasing production capacity at its tyre factories in South Africa in order to gain market share in the country’s minibus taxi segment. It appears to be looking at investing around ZAR 300 million (£16.1 million) in its plants, a capex additional to the ZAR 400 million investment it is currently completing at the company’s main production site in Brits.

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ZC Rubber expanding PCR capacity to meet growing domestic demand

ZC Rubber expanding PCR capacity to meet growing domestic demand

6th September 2019 | 0 Comments

When Tyrepress.com published its current ranking of the world’s largest tyre makers several months ago, a new name occupied 9th place – ZC Rubber. With revenues of RMB 26.9 billion (£3.1 billion) in 2018, China’s largest tyre maker had moved up one place from the previous year on the back of 12 per cent year-on-year […]

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Michelin sets up German plant for larger rim diameter tyres

Michelin sets up German plant for larger rim diameter tyres

5th September 2019 | 0 Comments

Tyre production at Michelin’s plant in Bad Kreuznach, Germany has been supplemented by a new facility dedicated to making 18- and 19-inch rim diameter tyres. Its entry into operation introduces the larger diameter into the plant’s production portfolio for the first time. The new machinery replaces equipment used to manufacture 14- and 15-inch tyres, products that have seen a significant drop in customer demand.

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New warehouse, increased capacity at Bridgestone’s Hungary tyre plant

New warehouse, increased capacity at Bridgestone’s Hungary tyre plant

5th September 2019 | 0 Comments

Bridgestone has inaugurated the newly expanded warehouse at its tyre production plant in Tatabánya, Hungary. The new 10,000 square metre addition to facility’s warehousing was set up as part of a HUF 9.2 billion (£25.2 million) investment to develop the Tatabánya site and increases storage capacity by 180,000 tyres. The plant’s warehousing can now store up to 600,000 tyres, a growth that is expected to aid Bridgestone’s business with original equipment customers.

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Sailun Group extends capacity expansion project

4th September 2019 | 0 Comments

Sailun Group Co., Ltd. has issued a new timetable for the completion of its project to add capacity for larger rim passenger car and light commercial vehicle tyres at its Dongying factory in China. The self-funded investment to add 15 million units of capacity will now be implemented by December 2020 rather than this year, as originally planned. According to Sailun Group, the level of investment in the project and proposed usage of the funds remains the same.

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Prinx Chengshan: Milestones reached in Thailand, China plant projects

2nd September 2019 | 0 Comments

Prinx Chengshan reports that “steady progress” is being made at its new tyre factory in Thailand. Construction work commenced on 31 March and the purchase of key equipment by invitation to tender has now been completed. The company estimates that all steel production workshops, mixing workshops, and supporting public works will be completed by the end of this year. Production at the site should commence in 2020.

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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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