Prinx Chengshan planning Malaysia, China tyre production projects
Prinx Chengshan has disclosed in its 2024 annual report that it plans to build a second overseas factory in 2025. The current site is Kedah Rubber City in northern Malaysia.
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SNCTIRE plans Malaysia tyre factory
Shandong New Continent Tire (SNCTIRE)’s investment plan in Malaysia was registered in March. Specifically, the Shandong-based tyre manufacturer plans to establish Jiafu Industrial Co., Ltd. in Malaysia and build a radial tyre production plant.
Is Yokohama considering Romania for its new European tyre factory?
Yokohama is in the process of buying Romanian off-highway tyre manufacturing business Euro Tires Manufacturing SRL. Euro Tires Manufacturing reportedly went bankrupt at the end of January 2025 after almost 7 years of an insolvency and reorganisation process that began back in 2018. Yokohama Rubber sent a letter of intent regarding the acquisition of assets belonging to Euro Tires Manufacturing at the end of 2024, according to various Romanian news sources. The big question is: do these developments suggest that Romania will be the location of Yokohama’s long-previewed European car and/or truck tyre factory?
Set for future success – Kenda introduces automated steel wheel tech at Croatia plant
About a year ago, Kenda shared news of a 4.5-million-euro investment for its steel wheel factory in Beli Manastir, Croatia. The Kenda team tell us that this investment in automated technology and renewable energy is now complete, making the factory “perfectly poised to deliver even more responsibly produced products in higher volumes.” This augmentation will make itself known throughout the course of this year and into 2026 and deliver the added benefit of “highly improved” working conditions within the plant.
ZC Rubber shareholder, Red Avenue, invests in Thailand factory
Red Avenue is preparing to invest in Thailand’s rubber additive production capacity. Specifically, Red Avenue, through its wholly owned subsidiary Red Avenue Group Limited in Hong Kong and an affiliated company called Gold Dynasty Limited, is jointly building a 30,000-ton rubber additive production base in Rayong Province, Thailand. The Thailand factory is expected to be completed in 2027.
Linglong Lu’an tyre factory site construction starts
Part of Linglong’s Lu’an tyre factory project commenced construction on 7 March. According to the project’s builder, Anhui Zhongqing Construction Group, the part that started construction is the living area and related supporting projects. Zhongqing Construction Group said, “This highly anticipated project has officially entered the construction stage”.
Topower invests in solid tyre factory in Cambodia
Topower Tyre, headquartered in Jiangsu, China, said it will invest $7 million to build a manufacturing base in Cambodia with an annual output of 200,000 solid tyres. The primary construction entity of the project is Topower (Cambodia), a wholly owned subsidiary of Topower Tyre.
Clarios announces $6b American energy manufacturing strategy
Clarios is helping make America great again with a US$6 billion plan to expand its manufacturing in the USA and to “accelerate American innovation.” The plan calls for both the expansion of existing operations and the building of new facilities, and Clarios anticipates that it will also “unlock innovation and create American jobs” thanks to recent executive orders and using federal advanced manufacturing tax credits.
Blatco appoints construction consultants for Saudi tyre factory project
Three years ago, Black Arrow Tire Co. (Blatco) announced its plans for a tyre factory in the Kingdom of Saudi Arabia. Shortly afterward, Kumho confirmed it was in talks with Blatco. In March 2024, Kumho and Blatco signed a technology license agreement, which is purportedly a 20-year deal. The latest news is that, in mid-February 2025, under the auspices of the Saudi government’s Public Investment Fund (PIF) summit, Blatco signed a “strategic partnership” with both Kumho and another Korean company, Misong Tech.
Yanggu Huatai starts Thailand factory construction
On 22 February, Yanggu Huatai held a groundbreaking ceremony for its Thailand factory. The factory is scheduled for production in the first quarter of 2026. After reaching full capacity, it will be able to produce 30,000 tons of high-performance rubber additives per year, including 10,000 tons of rubber protective wax, 10,000 tons of rubber processing aids and 10,000 tons of high-performance silane coupling agents.
Jiangsu General’s controlling shareholder may change, leading to potential alignment with Wanli
Jiangsu General said that its controlling shareholder, HOdo Group, is planning to change the company’s control. According to the tyre manufacturer, “HOdo Group intends to transfer its 24.41% shares in the company to Guangzhou Industrial Investment Holding Group or its designated entity”.
Linglong “plans” Kenya tyre factory
Kenyan president William Samoei Ruto PhD announced that leading Chinese tyremaker Linglong “plans to set up factory in Kenya to serve the African market” in a statement published online on 17 January 2025.
President Ruto’s remarks follow talks with Linglong executives at State House, Nairobi, where Linglong Tyres chairman Wang Feng reportedly shared plans relating to the tyre factory.
Aeolus raises funds for giant tyre project
Aeolus is preparing to issue shares to 16 parties (individuals or organisations) to raise 300 million yuan for a giant tyre project. The project involves an annual production capacity of 20,000 giant engineering radial tyres, with a total investment of about 1.464 billion yuan. Of the 300 million yuan raised this time, 78.07 per cent is being used to purchase equipment.
MRF Tyres partners Madras Christian College on innovation park
In December 2024, MRF and Madras Christian College (MCC) innovation park designed to guide students from ideation to commercialisation. 300 million rupees (£2.8 million; 3.4 million euros; $3.5 million) has been invested in the MCC-MRF Innovation Park, which forms part of government plans to make Tamil Nadu a one trillion dollar economy by 2030.
Land levelling for the Zodo Cambodia factory
According to a news release from the Council for the Development of Cambodia (CDC), Chea Vuthy, chairman of the Cambodian Investment Board under the agency, inspected the construction progress of Zodo Tyre on the afternoon of 14 December 2024.
