Category: Investments

Continental expands capacity of its Thai tyre plant

Continental is expanding its tyre plant in Rayong, Thailand, by 3 million units per year, with a total investment of over EUR300 million. Supported by Thailand’s Board of Investment (BOI) under the Economic Recovery Scheme, this growth will add around…

Bridgestone to invest in mining tyre plant in Japan

Japan’s Bridgestone Corporation says that it will invest ¥25 billion to upgrade equipment for certain facilities at the Kitakyushu Plant, which produces tyres for mining and construction vehicles. This upgrade will be completed by the end of 2027. This strategic…

Yokohama to set up new tyre plant in China

Japanese tyre maker Yokohama has announced it will build a new passenger car tyre plant in China, located in the Qiantang New District of Hangzhou City, Zhejiang Province. The new facility will have an initial production capacity of 9 million…

Tokai Carbon to invest EUR350 mn in carbon black sector

Japan’s Tokai Carbon says it is targeting a significant investment in its carbon black business, outlining a EUR353 million commitment over the next three years, until 2026. This strategic move is embedded within Tokai’s T-2026 mid-term management plan, reflecting a…

Continental invests in US$90 mn hose plant in Mexico

German technology company Continental has kicked off the year with the announcement of the construction of a new hydraulic hose plant for industrial purposes. The planned investment is of around US$90 million and is one of the biggest investments for…

Sumitomo Rubber invests in US AI analytics firm Viaduct

Sumitomo Rubber Industries (SRI) says that it has invested in US-based start-up Viaduct Inc, an AI-powered connected vehicle analytics company, to achieve total fleet management solutions. With a joint proof-of-concept with Viaduct having already started, it has further strengthened its…