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Sailun Cambodia plant increases tyre production capacity by 6 million units

On 30 October, Sailun stated that it plans to invest 1.47 billion yuan (approximately £170 million; €190 million) to build a semi-steel radial tyre project in Cambodia with an annual output of 6 million units. According to the tyre manufacturer, as the competitiveness of tyre products at Cambodian factories has continued to improve in recent years, existing production capacity can no longer meet existing customer orders. It is reported that the newly added semi-steel radial tyre products will be mainly targeted at overseas markets such as North America.

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Related news:

  1. Sailun’s Cambodia factory begins tyre production
  2. Sailun bond issuance application approved
  3. Hangzhou Zhongce confirms Thai factory reports
  4. Rebuilding Sailun: Multi-billion dollar plans for new tyre and materials factories analysed
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Pirelli forms $550 million Saudi Arabia tyre manufacturing joint venture

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The Saudi Arabian Public Investment Fund (PIF) and Pirelli Tyre S.P.A signed a joint venture (JV) agreement to build a tyre factory in Saudi Arabia. PIF will hold a 75 per cent stake in the JV with Pirelli holding the remaining 25 per cent and acting as “a strategic technology partner” offering both “technical and commercial assistance”.  The plant is expected to start production in 2026.

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Related news:

  1. Blatco and Kingdom Tyres’s Saudi Arabia tyre factories progress
  2. Toyo investing 390 million euros in Serbia tyre factory
  3. Pirelli and Hixih move closer together
  4. Pyramids Tires: $350 million Egyptian factory begins manufacturing
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Sentury Morocco factory starts construction, annual tyre production capacity increased by 6 million

Sentury officially started construction of its Morocco factory in October 2023 (Photo: Sentury)

On 21 October, Sentury said it had officially started constructing its tyre factory in Morocco. On 25 October, the tyremaker said it would add $193 million to its Morocco plant for 6 million semi-radial tyre production capacity. Sentury classified the additional investment as the second phase of the Moroccan tyre factory project. In other words, the total investment in Sentury’s Morocco factory has become US$490 million. After both projects are put into production, it will be able to produce 12 million semi-steel radial tyres annually.

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Related news:

  1. Chinese wheelmaker opens second production line in Morocco
  2. $250 million Ferentino tyre factory opens in Sri Lanka
  3. Haohua investing $500 million in Vietnam tyre factory
  4. New Yokohama Europe tyre factory could be built alongside a Yokohama TWS plant
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Moveero doubles Estherville large wheel production within wider growth plans

moveero runs two manufacturing plants in Europe and four in the US, backed by “market-leading plants at Armstrong and Estherville in Iowa and at Wichita, as well as a Research, Development and Testing Center at Woodridge”. Around 18 months ago, the company went through a period of “quite dramatic and rapid change”. Along with a new business name, moveero also introduced a new mission and vision, all of which marked the start of a new chapter in its evolution. Now, work is underway on a new, fully automated weld cell at the company’s Estherville wheel plant, as a result of which, the company will double its production capacity of large wheels, up to 50” diameter for the agriculture sector. 

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Related news:

  1. Alcoa doubles Hungary truck wheel production
  2. Tyre cord firm Kiswire continues US plant expansion
  3. GRI adds new mixing facility in Sri Lanka
  4. Nexen considering US$1 billion US tyre factory
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Jiangsu General’s Thailand plant starts second phase

Recently, Jiangsu General announced that it will invest 1.884 billion yuan (approximately £210 million; €240 million) to launch the second phase of the Chinese tyremaker’s Thailand factory. The expansion will add 500,000 all-steel radial tyres and 6 million semi-steel radial tyres to the Thailand production base. It is worth noting that the tyre manufacturer only disclosed that the project’s construction period is 24 months but did not announce the planned start and end time.

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Related news:

  1. China’s GS Tire raises Cambodia investment to $300 million
  2. Hangzhou Zhongce confirms Thai factory reports
  3. Jiangsu General investing US$300 million in Thailand tyre plant
  4. ZC Rubber plans to add 2.5 million tyres production capacity
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Fire at Debica tyre factory

The car tyre production hall at Goodyear’s Debica factory in Poland caught fire late on 20 August. According to multiple local news sources, more than 20 fire engines attended the scene before midnight and no injuries were reported. Official statements issued by the tyremaker suggest the company’s truck tyre production area remained unaffected and that some passenger car tyre production resumed on 22 August.

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Related news:

  1. Debica lends Goodyear £18 million at nearly 8%
  2. Karl-Friedrich Schmidt Moves to Goodyear Group Headquarters
  3. Lay-Offs Next Year At Debica Factory
  4. A Larger Slice of the Cake – high performance tyre market data
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Shandong relaxes restrictions on new high-end tyre projects

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On 17 August 2023, several government departments in Shandong Province, China jointly issued a notice relaxing regulations for establishing high-end tyre projects. A more detailed explanation is that some new tyre manufacturing projects will no longer need to eliminate the original production lines with the same energy consumption.

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Related news:

  1. Digital transformation in the tyre sector
  2. Shandong provincial government ‘eliminating’ outdated tyre production capacity
  3. Shandong, China tyre production picks up
  4. Shandong tyre companies implement closed-loop management
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Continental’s Portuguese tyre plant gets ISCC PLUS sustainability certification

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Continental’s tyre plant in Lousado, Portugal has received the International Sustainability and Carbon Certification (ISCC) PLUS. The international certification confirms the manufacturer’s compliance with special sustainability standards at its Lousado plant; specifically the transparency and traceability of renewable and recycled raw materials along the entire supply chain. The manufacturer said that the certification represents an important milestone on its journey towards 100 per cent sustainable materials in its tyre products, a target Conti has set for 2050. Conti already produces what it says is the most sustainable tyre on the market at Lousado. The UltraContact NXT contains up to 65 per cent renewable, recycled and mass balance certified materials. Up to 28 per cent of these are accounted for by ISCC PLUS-certified materials, such as synthetic rubber made from biobutadiene or industrial carbon black, parts of which are produced from circular oil.

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Related news:

  1. Interview: Continental’s Tires head Christian Kötz on tyres, sensors and sustainability
  2. Spring launch for ‘high mileage’ Continental UltraContact summer car tyre
  3. Conti CEO warns staff of job cuts
  4. Hankook expects record European results in 2022
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Blatco and Kingdom Tyres’s Saudi Arabia tyre factories progress

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Plans for two Saudi Arabia tyre factory projects were announced during 2022. In January 2022, Black Arrow Tire Company (Blatco) agreed to a tyre factory construction joint venture with Kumho. By June 2022, Kingdom Tyres, which describes itself as Saudi’s largest tyre producer, signed a provisional investment agreement with the Royal Commission for Jubail & Yanbu. Here Tyres & Accessories considers the latest developments with both projects and asks if the market is big enough for both factories?

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Related news:

  1. Kumho confirms Saudi tyre factory MoU
  2. Pyramids Tires: $350 million Egyptian factory begins manufacturing
  3. Roadbot roadblock – Middle Eastern tyre factory stalls due to pandemic
  4. Kumho and Blatco in talks over Saudi tyre factory
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New Yokohama Europe tyre factory could be built alongside a Yokohama TWS plant

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Chris Anthony/Tyre Industry Publications Ltd

Roughly a year ago, then relatively-newly appointed Yokohama Europe president Gregorio Borgo, told us that the company has plans to invest in a factory “at the heart of Europe”. 12 months on, Tyres & Accessories once again spoke with Gregorio Borgo as well as Yokohama Europe chairman Hiroyuki Shiori in order to find out how the company’s growth and its interconnected factory plans have been progressing.

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Related news:

  1. Yokohama gearing up for European tyre factory
  2. Giti to build $560 million US tyre plant
  3. Sentury Tire joins the Shenzen Stock Exchange
  4. Roadbot roadblock – Middle Eastern tyre factory stalls due to pandemic
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ZC Rubber’s Thailand factory plans to increase production

On 9 August, Shen Jinrong, chairman of ZC Rubber, went to the factory in Thailand to inspect the work, and discussed with the senior executives of the Thailand factory on increasing production and reducing costs.

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Related news:

  1. ZC Rubber’s Thailand factory in production
  2. ZC Rubber hosts dealer meeting in Thailand
  3. ZC Rubber sales up 22%
  4. ZC Rubber plans to add 2.5 million tyres production capacity
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Hankook expands Chongqing factory’s TBR tyre capacity

Hankook

Recently, Hankook stated that it would carry out technical transformation on the TBR production line of the Chongqing factory. Specifically, the tyre manufacturer plans to invest 47 million yuan (about £5.1 million; €5.9 million) to increase the daily production capacity of TBR from 2,560 to 2,960 (annual production capacity from 900,000 to 1.036 million) within 16 months. Hankook says the project will not add new land and will be built in its existing factory workshop.

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Related news:

  1. Destination Europe: More Chinese Products En Route to Europe?
  2. Triangle building fifth factory
  3. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  4. Hubei Linglong initiates truck tyre production
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Xingda reports 11% increase in sales volume in 1H 2023

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Xingda

Jiangsu Xingda, a leading tyre cord supplier, registered an 11 per cent growth in sales volume in the first half of 2023. Within the overall sales increase, steel cord sales grew by nearly 12 per cent, bead wire sales grew by 6 per cent, and hose wire sales grew by 12 per cent.

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Related news:

  1. Xingda tyre cord opens European office
  2. Xingda signs “strategic cooperation agreement” with Continental
  3. Thailand woos global tyre manufacturers
  4. £200m Xingda Thailand factory phase II confirmed
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Nexen plans Czech expansion, US plant to increase capacity and sales over next 5 years

Nexen

Nexen plans to expand its production capacity by 40 per cent within five years. It plans to achieve this by building a new tyre factory in the United States and to expand its existing Czech factory. According to Korean media reports, Nexens’ factory in Zatec, Czech Republic, will complete the expansion project in September this year, following its 2019 official opening. Progress on the expansion project, which commenced immediately after opening, was delayed by the Covid-19 pandemic. Nexen has invested 1.2 trillion won (approximately £732 million) in the expansion of the Czech factory. Before the expansion, the factory was able to produce 5.5 million tyres per year. After the expansion phase in 2024, the production capacity is expected to be 9.2 million tyres. By 2025, it is expected the production capacity to increase further to 11 million tyres.

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Related news:

  1. Hankook to build first US plant in Tennessee
  2. Nexen considering US$1 billion US tyre factory
  3. ExxonMobil Expands Halobutyl Capacity to Meet Tyre Demand
  4. US Bridgestone capacity increases will not include aircraft tyres
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Aeolus auctions tyre manufacturing machinery

On 3 August, 68 items of machinery and equipment of Aeolus were put up for auction online. Equipment auctioned included: setting machines and vulcanisation tanks, and the base price is 2.46 million yuan (about £268,000; €311,000).

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Related news:

  1. Serbia open for business
  2. EU makes final truck tyre anti-dumping duties decision, retains fixed rates for manufacturers
  3. Aeolus relocates former Double Happiness tyre factory
  4. Top 10 Chinese tyre industry events in 2022
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