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Linglong moves to 7+5 tyre factory investment model

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Zrenjanin city government

The board of Shandong Linglong Tire Company Ltd has revised its 10-year “medium and long-term development plan (2020-2030)” to focus on a 7+5 rather than a 6+6 tyre manufacturing capacity expansion model. Up till April 2020, Linglong has worked according to a 5+3 plan, but last year this was upgraded to 6+6, meaning the company plans to run six tyre factories in China as well as six situated in international locations. However, according a stock market filing dated 10 June 2021, Linglong’s board voted unanimously in favour of running a total of seven plants in China and five internationally.

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  1. Linglong investing in new Tongchuan City, China tyre factory
  2. Linglong lays foundation stone for fourth Chinese tyre factory
  3. Serbia open for business
  4. Linglong IPO attracts 2000x more interest than offer
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Cooper Tire joins the Goodyear team

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Cooper Tire

Cooper Tire has “officially joined the Goodyear team”. That’s how Cooper Tire general manager EMEA, Jaap Van Wessum characterised the takeover of the company by fellow US tyremaker Goodyear, which was completed on 7 June 2021. Van Wessum also offered further details of what Cooper’s integration into Goodyear means for Cooper suppliers and partners.

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Related news:

  1. Goodyear set to buy Cooper Tire for US$2.5 billion
  2. The Goodyear/Cooper combination’s synergies; global headquarters to be in Akron
  3. Cooper shareholders approve Goodyear merger
  4. Fitch rating affirmation partially affirms Goodyear Cooper acquisition strategic logic
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Jiangsu General investing $204 million in Cambodia car tyre factory

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Jiangsu General Science Technology Co. Ltd (Jiangsu General) has announced plans to invest 1.304 billion yuan (£143.888 million; 167.458 million euros; US$203.947 million) in the construction of “high-performance semi-steel radial tyre projects in Cambodia”.

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  1. Jiangsu General seeking to leverage IPO for export growth
  2. Jiangsu General investing US$300 million in Thailand tyre plant
  3. Linglong IPO attracts 2000x more interest than offer
  4. Prinx Chengshan invests £19 million in purchasing land for new Thailand tyre factory
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B-Quik tyre retail branch count rises to 180

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B-Quik

On 28 May 2021 growing Thai tyre retail chain, B-Quik opened two new centres on the Tiwanon road in north Bangkok. The addition of the two centres, which are spaced 8 kilometres apart, follows the opening of two more Thai branches at the start of April 2021.

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Related news:

  1. Sixth Consecutive Record Year For B-Quik
  2. Low Demand For Cars In Thailand Boosts B-Quik
  3. B-Quik Expands Despite Unrest in Thailand
  4. Marubeni re-brands Indonesian tyre retail chain as B-Quik
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BA Bush & Son Ltd moves into new headquarters

BA Bush

BA Bush & Son Ltd has recently moved into new head offices in Horncastle as part of planned expansion. According to the company, the new offices provide not only more space but also a large meeting and conference room and more opportunity for the team to work together across sales, marketing, and finance once Covid-19 regulations permit.

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Related news:

  1. Bush Tyres opening two retail sites and a new warehouse
  2. With sales and profits up, Bond plans UK and international expansion
  3. Kirkby Tyres’ 80,000sqft central distribution centre expansion nears completion
  4. RH Claydon’s new Launceston warehouse set for early 2021 completion
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Quick Lane opens 5th franchised centre in Gorton, Manchester

Quick Lane

Despite the adverse circumstances caused by the Covid-19 pandemic, Quick Lane Tyre & Autocentres continued its steady growth plan with the opening of its fifth franchised centre in Gorton, Manchester. The new location joins Ford’s global network of more than 1,000 workshops in 32 countries.

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Related news:

  1. Quick Lane opens new Colchester centre
  2. TrustFord invests in Quick Lane tyre retail franchise
  3. Quick Lane adds Bracknell location
  4. Kwik Fit opens 10th branch in Hungary
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Guizhou Tire Vietnam factory completes first phase

Guizhou Tyre

The first batch of radial truck tyres rolled off the production line at Guizhou Tire Co Ltd’s Vietnam plant on 1 April 2021, marking the completion of the first phase of the factory project. When Guizhou Tire’s Vietnam tyre factory, which was funded through a share issue in September last year, gets up to speed it will produce 1.2 million radial tyres a year.

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Related news:

  1. Guizhou Tire begins $350 million construction project on two China factories
  2. Growing Demand Prompts Early Start of Bridgestone Kitakyushu Expansion
  3. Hangzhou Zhongce confirms Thai factory reports
  4. Prinx Chengshan invests £19 million in purchasing land for new Thailand tyre factory
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Vittoria invests 10 million euros in Italy Cycling Innovation Centre

Vittoria

Vittoria, the bicycle tyre brand famous for using graphene in its compounds, has invested 10 million euros in quadrupling its Brembate (Bergamo, Northern Italy) premises from 10,000 to 40,000 square metres. The expansion project will see the company add a Cycling Innovation Centre and Bike Park.

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  1. A graphene tyre breakthrough?
  2. Nokian breaks ground on new North America factory
  3. Further Guizhou Vietnam plant details
  4. Pirelli expands Romania factory and warehousing
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Tyromer building pilot tyre recycling plant in Arnhem, Netherlands

Tyromer

Canada-based Tyromer is building a factory Arnhem, the Netherlands as a pilot before bringing it circular rubber products to the European market. Tyromer told investment bodies that it will fine-tune and exhibit its recycling technology at its new Dutch facility in order to sell the process to third parties. Located at Kleefse Waard Industrial Park (IPKW) in Arnhem, the factory is currently being ready to start early in the summer of 2021. The location employ approximately 12 people.

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Related news:

  1. Lassa Tyres sponsors Glory 49 kickboxing event
  2. Enviro: Partners still “highly interested” in Danish, North American tyre recycling projects
  3. Michelin/Enviro agreement expected in 4Q 2020
  4. Michelin tyres to be 100% sustainable by 2050
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Grupo Andrés begins construction of robotised tyre warehouse and headquarters

Grupo Andres

At the start of 2021 Grupo Andrés, started work on the construction its new headquarters. According to the company the new facilities will result in “a significant improvement in distribution” due to the “robotization of the logistics process and a notable streamlining of work and the flow of orders”.

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Related news:

  1. Michelin invests in Iberian tyre distribution
  2. Conti erecting new warehouse near Aachen plant
  3. New Membat website
  4. San Jose Logistica opens new distribution centre
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Sailun upgrading car & truck tyre production at acquired factory

Sailun Group recently won the tender to acquire bankrupt manufacturer Shandong Anchi Tyres Co., Ltd., and in January paid RMB 202 million (£22.8 million) for Anchi’s assets. The tyre maker now plans to invest RMB 719.9 million (£81.3 million) to upgrade production within the former Anchi facility in Weifang, China and give it the capacity to produce 1.2 million truck and bus radials and 6 million passenger car and light truck tyres a year.

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Related news:

  1. Sailun Group extends capacity expansion project
  2. Sailun investing big in PCR tyre capacity to reach premium OEMs in China
  3. Sailun raising truck tyre capacity by 3 million units
  4. Chinese tyre makers off-shoring in Southeast Asia
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Chinese wheelmaker opens second production line in Morocco

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Moroccan Department of Industry

Aluminium casting and automotive parts specialist, Citic Dicastal kicked off production at its second aluminium wheel factory in Morocco at the end of December 2020. With a budget of 350 million euros, the Chinese wheelmaker aims to double its capacity in Morocco to 6 million wheels and create a total of 1,250 jobs. According to local news reports, the Dicastal-made wheels are destined for vehicles made by the French OEM PSA Group as well as exports.

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Related news:

  1. Sentury Tire joins the Shenzen Stock Exchange
  2. Giti to build $560 million US tyre plant
  3. Georgia selected as location for $500 million Sentury Tire US factory
  4. Prinx Chengshan invests £19 million in purchasing land for new Thailand tyre factory
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Micheldever expands tyre distribution with new Exeter warehousing

MTS

Micheldever Tyre Services (MTS) has expanded its tyre distribution capacity with the addition of a new warehouse in Exeter and the expansion of its Nottingham and Walsall sites. The new 22,078 square foot Exeter location became fully operational in the summer. According to the company, the site expands stock-holding capacity by roughly 50 per cent from 11,000 to 16,000 tyres, whilst also providing an improved stock-keeping unit (SKU) range of 2,518 SKUs.

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Related news:

  1. Micheldever management comment on Sumitomo sale
  2. Giti Tire extends UK exclusive distribution agreement with Micheldever
  3. Micheldever ending Kumho tyre distribution in May
  4. Kumho UK to take over when Micheldever tyre distribution ends in May
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Continental expanding truck tyre capacity in India

During the next 18 months, Continental plans to “significantly expand” truck tyre production at its Modipuram, Uttar Pradesh factory in India. The expansion is designed to enable increased export volumes to the Asia Pacific (APAC) region, local news sources reported, citing a Continental statement.

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Related news:

  1. Analysts: Continental Can’t Afford Emerging Market Investment
  2. Conti to double Otrokovice TBR capacity, widen export programme
  3. Indian market launch for Conti truck radials
  4. Continental distributes first Clinton, Mississippi-made truck tyres
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Vipal Rubber starts production at Argentina tread rubber factory

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Vipal

Following US$20 million of investment, Vipal Rubber has started production at its new tread rubber and pre-cured tread factory in Argentina. Located in the Perez, province of Santa Fe, Argentina, the new factory will supply the Argentine and export markets.

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Related news:

  1. Vipal: Optimism returning to Europe’s retreading sector
  2. Marangoni USA increasing tread production
  3. Retreader Seryt Tyres reports growth in a time of consolidation and attrition
  4. Roadbot roadblock – Middle Eastern tyre factory stalls due to pandemic
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