Bridgestone Corporation has announced that it will make strategic investments to expand capacity in three passenger car tyre plants in Japan: the Hikone plant, the Tosu plant, and the Tochigi plant. These are the main production bases for high rim…
Category: Investments
Novonix ties up in deal with Stellantis to supply synthetic graphite
Australian battery materials and technology company Novonix and US auto firm Stellantis NV have announced the signing of a binding offtake agreement for a minimum of 86,250 tonnes, up to a target volume of 115,000 tonnes of high-performance synthetic graphite…
OCSiAl opens first European graphene nanotube production facility
OCSiAl, the global leader in graphene nanotube technology, has opened its first European production facility. The facility, located in Serbia will produce Tuballt nanotubes and nanotube-based products, marking a significant step forward in integrating nanomaterials into various industries. More than…
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…
Thailand approves US$400 mn investment by Continental to expand radial tyre facility
Thailand’s Board of Investment said recently it had approved a US$400 million investment by German tyre maker Continental to expand its existing facility in the country, which is the world’s second largest tyre producer after China. Continental intends to expand its tyre…
Marubeni invests in Thai ELT recycling firm to expand green tyres
Japan’s largest trading house Marubeni Corporation has invested in Green Rubber Energy Company Limited (GRE), which is developing an end-of-life tyre (ELT) pyrolysis recycling business in Thailand. With almost 30 million tonnes of tyres discarded annually around the world, a…
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…
Nova Motorsport to invest EUR20 mn in Portuguese tyre factory
UK-based motor tyres firm Nova Motorsport says it is in the final stages of a EUR20 million expansion project at its recently acquired Camac tyre factory in Palmeira, Portugal. The facility will enable Nova Motorsport to resume production of Avon…
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…