Sumitomo Rubber boosting capacities at Brazil tyre plant
Sumitomo Rubber Industries, Ltd. is increasing production capacity for both consumer and truck tyres at its factory in Brazil. With an investment of 1.064 billion Real (£148.7 million), the company will boost capacity for passenger vehicle and light truck tyres from 18,000 to 23,000 tyres a day by April 2024. It will lift truck and bus tyre capacity from the current level of 1,000 tyres a day to 2,200 per day by April 2025.