• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Tire Market Forecasts
  • Features
    • Goodyear to buy Cooper – special supplement
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Tyres & Accessories Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Tyre Tests
  • Search
  • Menu
You are here: Home1 / Tyre factory

Posts

Sailun investing in 8th tyre factory

Company News, International News
Sailun

On 24 June 2022 Sailun decided to invest 15.18 billion yuan in building a new tyre factory in Dongjiakou, West Coast New District, Qingdao City, Shandong Province. The planned annual production capacity is 20 million sets of semi-steel radial tyres, 10 million sets of all-steel radial tyres and 150,000 tons of OTR tyres. At present, the Sailun board of directors has passed this investment proposal.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Georgia selected as location for $500 million Sentury Tire US factory
  2. Prinx Chengshan invests £19 million in purchasing land for new Thailand tyre factory
  3. Linglong investing in new Tongchuan City, China tyre factory
  4. Why Doublestar’s Kumho purchase is a good idea
27th June 2022/by Xuda Wang

Yokohama gearing up for European tyre factory

Company News, International News

In October, Yokohama announced that the company had appointed ex-Pirelli and ex-Prometeon executive Gregorio Borgo as its European president. Roughly nine months later, there are a number of indications that the European business is entering a new chapter, which includes plans to invest in the construction of a factory “in the heart of Europe”.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Sentury Tire joins the Shenzen Stock Exchange
  2. Chinese wheelmaker opens second production line in Morocco
  3. Yokohama offers US$2 billion for Trelleborg Wheel Systems as global off-highway tyre segment consolidates
  4. Sailun investing in 8th tyre factory
23rd June 2022/by Chris

Kumho and Blatco in talks over Saudi tyre factory

Company News, International News
Aramco

Various news sources are reporting that South Korea’s Kumho Tire signed a memorandum of understanding (MoU) with Saudi Arabia-based Blatco (Black Arrow Tire Co. as part of the Saudi-South Korean Business Forum on 18 January 2022. As many as 13 agreements were signed during the Saudi-South Korean Business Forum, of which 10 were signed by oil major Saudi Aramco.

Read more

Related news:

  1. Kumho confirms Saudi tyre factory MoU
  2. Kumho investing $300 million in tyre factory expansion plans
  3. No extension for Kumho Tire receivership deadline
  4. Kumho brand name off-limits to tyre maker’s potential purchaser
25th January 2022/by Chris

New production director appointed at Sumitomo Rubber’s Ladysmith, South Africa tyre factory

Career Tracks, International News
Sumitomo Rubber South Africa

Sumitomo Rubber South Africa (SRSA), manufacturer of the Dunlop, Sumitomo and Falken tyre brands for the African continent, has appointed Anca Priscu as group director: production.

Read more

Related news:

  1. Sumitomo Rubber South Africa names new CEO
  2. Tomohiko Masuta appointed managing director of Falken, Sumitomo Rubber Europe
  3. Nokian Tyres appoints Westerlund as VP and CIO
  4. Tokai Carbon names new Cancarb president
21st October 2021/by Chris

Kumho Tire agrees Vietnam rubber processing plant sale with Hyundai JV

International News

Kumho Tire Co., South Korea’s second-largest tire maker, said Tuesday it will sell its natural rubber processing plant in Vietnam to focus on its core business. According to an official statement published on 23 March 2021, Kumho Tire said it has struck a deal with a joint venture between Korean automaker Hyundai Motor Co. and Thanh Cong Group of Vietnam to sell its rubber factory.

Read more

Related news:

  1. Kumho Vietnamese Plant – Latest
  2. Kumho investing $300 million in tyre factory expansion plans
  3. Smit: Cut rubber trees to manage price
  4. China establishing rubber Free Trade Zone in Sri Lanka
29th March 2021/by Chris

Kumho investing $300 million in tyre factory expansion plans

Company News, International News

Kumho Tire Co is planning to invest some 340 billion won (£217 million; 255 million euros; US$298 million) in expanding its tyre production facilities in Vietnam. The planned investment aimed at bracing for an increase in demand from North American markets and mitigating tariff-related price pressure, according to local news sources.

Read more

Related news:

  1. Kumho Vietnamese Plant – Latest
  2. Kumho Breaks Ground On Vietnam Plant
  3. Sailun Group extends capacity expansion project
  4. USW files anti-dumping petitions against Korea-, Taiwan-, Thailand- and Vietnam-made tyres
29th March 2021/by Chris

Tatneft investing 217 million euros in Kazakhstan tyre factory

International News
Information office of the Prime Minister of the Republic of Kazakhstan

Askar Mamin, the prime minister of the Republic of Kazakhstan, recently hosted the general director of PJSC Tatneft, Nail Maganov, for talks relating the construction of a new tyre factory in Kazakhstan.

Read more

Related news:

  1. Tatneft invests in Kazakhstan tyre factory joint venture
  2. Pyramids Tires: $350 million Egyptian factory begins manufacturing
  3. Open for business: T&A tours Triangle HQ and manufacturing base
  4. Qingdao Doublestar doubling capacity
5th November 2020/by Chris

Béthune tyre factory closure ‘the only viable path’: Bridgestone

Company News, International News, Premium
Bridgestone

Tyres & Accessories contacted Bridgestone for its response to the statement put out by French authorities following its decision to shutter its tyre factory in Béthune, France. Bridgestone addressed the characterisation of the closure as a “premeditated murder,” the idea that the plant has been deliberately allocated low-margin products, and that the plant had been passed over for investment.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Bridgestone Béthune closure ‘a premeditated assassination’ – Bertrand
  2. Bridgestone to close Bethune, France plant
  3. Continental closing Aachen, Germany tyre factory
  4. Bridgestone temporarily closes, slows tyre production at European factories
18th September 2020/by Andrew

Bridgestone Béthune closure ‘a premeditated assassination’ – Bertrand

Company News

The president of the Hauts-de-France region has labelled Bridgestone’s planned closure of its Béthune tyre manufacturing plant “brutal” and a “premeditated assassination.” For good measure, Xavier Bertrand added “we are dealing with cynics and liars” in his strongly-worded response to Bridgestone’s announcement. In a joint statement with the French government, Bertrand’s Hauts-de-France Region called on the Bridgestone group to “assume its responsibilities,” alleging that the company’s divestment from and allocation of low-margin tyres to the Béthune plant over the last decade has “automatically” led to its deficit in competitiveness.

Read more

Related news:

  1. Bridgestone to close Bethune, France plant
  2. Continental closing Aachen, Germany tyre factory
  3. Michelin giveth, Michelin taketh away – French investments, retreading plant closure
  4. Bridgestone temporarily closes, slows tyre production at European factories
16th September 2020/by Andrew

Bridgestone to close Bethune, France plant

Company News
Bridgestone

Bridgestone has announced its plan to close its Bethune plant in France. The manufacturer said that the measure is being used to reduce production overcapacity and to improve cost efficiency. The proposal could impact 863 employees. Bridgestone added that it is “fully aware of the social consequences of this project and is committed to using all means at its disposal to define support plans for each employee.” The earliest the closure would take place is the second quarter of 2021. Bridgestone’s presence in France would continue through sales and retail operations, in which it employs about 3,500, the company said.

Read more

Related news:

  1. Bridgestone Béthune closure ‘a premeditated assassination’ – Bertrand
  2. Continental closing Aachen, Germany tyre factory
  3. Michelin giveth, Michelin taketh away – French investments, retreading plant closure
  4. Bridgestone temporarily closes, slows tyre production at European factories
16th September 2020/by Andrew

Continental closing Aachen, Germany tyre factory

Company News, International News
Continental AG

Employees at Continental AG’s Aachen, Germany tyre factory were informed that the plant will be closed by the end of 2021. According to the German Handelsblatt newspapter, more than 1,800 employees will be affected by the closure. The announcement comes two weeks after Continental announced cost-cutting plans aiming at saving 1 billion euros by 2023.

Read more

Related news:

  1. Bridgestone to close Bethune, France plant
  2. Bridgestone Béthune closure ‘a premeditated assassination’ – Bertrand
  3. Axing for the sake of axing: Unions denounce closure of profitable Continental tyre plant
  4. Continental’s tyres and rubber business profitable in Q2, despite corona
15th September 2020/1 Comment/by Chris

CAMCE signs to build Morocco tyre plant with Tijan Petroleum

Company News, International News

On 15 May CAMCE signed a commercial contract with Tijan Petroleum Co. Ltd. to build a new tyre plant in Morocco. According to local news reports, CAMCE vice president Hu Wei signed the contract with Tijan vice president Ibrahim Khayat witnessed by chairman Luo Yan of CAMCE and executive vice president Ahmed Khayat of Tijan.

Read more

Related news:

  1. Chinese contingent view potential Thai rubber sources
  2. Giti to build $560 million US tyre plant
  3. Nokian breaks ground on new North America factory
  4. Why Doublestar’s Kumho purchase is a good idea
19th June 2017/by Tyrepress Editors

Jinyu could be producing tyres in Turkey by 2020

Company News, International News

Various news reports suggest Jinyu, (which changed its name to Sailun Jinyu in 2014 following its merger with Sailun) could be building a new tyre plant in Turkey. According to the Turkish Hurriyet newspaper, Jinyu is considering a joint-venture with local distributor Yeslas.

Read more

Related news:

  1. Sailun denies Jinyu is planning a tyre factory in Turkey
  2. Chinese contingent view potential Thai rubber sources
  3. Sailun drops the Jinyu name
  4. Sailun Jinyu reorganises UK distribution strategy with new Viking, Bond deals
5th April 2016/by Tyrepress Editors

Nexen breaks ground on Zatec, Czech Republic plant

Company News, International News

On 1 October 2015 Nexen Tire broke ground on the site of its new plant in Zatec, Czech Republic. The company has committed to investing more than 829 million euros in building the new plant on 650,000 square metres of land in Zatec.

Read more

Related news:

  1. Nexen investing US$800 million in new Czech Republic tyre factory
  2. Nexen distances itself from Czech Republic plant rumours
  3. Bridgestone OE on new 3 Series
  4. Nexen OE on 2015 Chrysler 200
8th October 2015/1 Comment/by Tyrepress Editors

Chinese contingent view potential Thai rubber sources

International News

A group of “leading rubber processors from China” are set to visit Thailand, Indonesia and Myanmar to survey sites to establish rubber plants in the next week or so. Thailand’s The Nation reports that about 10 rubber processors from Shandong province and representatives from the China Council for the Promotion of International Trade are scheduled to visit Indonesia, Myanmar (Burma) and Thailand between 19 and 25 November.

The group reportedly consists of around 50 representatives from both companies and government agencies. It will reach Thailand on 23 November where it will stay for two to three days with a view to considering “opportunities to invest in the South and Northeast, the country’s major rubber tree growing areas”.

Read more

Related news:

  1. Chinese tyre makers off-shoring in Southeast Asia
  2. Cheng Shin investing more in Indonesia project
  3. Maxxis/Cheng Shin investing $500 million in tyre factory construction and expansion
  4. Maxxis rewards leading retailers with Shanghai trip
17th November 2014/by Tyrepress Editors
Page 1 of 212

Popular Articles Today

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
Scroll to top