Conti to Close Austrian Rubber Mixing Site
Continental has reported the need to ‘respond’ to the continuing downturn experienced by OE and replacement passenger car tyre markets – a market which currently has a production overcapacity of more than 18 million tyres in Europe. As a consequence, the company states, the demand for raw materials is also markedly lower.
“Today, Tuesday, we are informing workers at the Traiskirchen site (in Austria) that we are forced to phase out the mixing and gumming activities in Traiskirchen, which employs a total of 195, by the end of this year,” explained Dr. Bernhard Trilken, in charge of worldwide production for the Continental Passenger and Light Truck Tires division, on June 16.