Chinese tyre maker Triangle Tyre is investing around US$460 million to build its first overseas manufacturing base in Cambodia, a move aimed at optimising its international market layout. According to a statement released, the company plans to build production lines…
Tag: facility
Continental to shut down tyre cord facility in US
German tyre maker Continental says it will discontinue operations at its Aldora Mills textile manufacturing plant in Barnesville, Georgia (U.S.), by the end of 2026. The facility employs approximately 230 people and produces textile reinforcement materials, including tyre cord fabric,…
Tyros setting up pyrolysis recycling facility in Port of Ostend
The Port of Ostend in Belgium says that tyre recycler Tyros BV, founded in May 2024, will set up a tyre recycling plant on a 2-ha site on the former UCB site in the port area of ??Ostend. Supported by Belgium’s Flanders regional government, with a…
Continental to stop production of rollers and sleeves at German facility
Due to difficult market conditions, tech firm Continental says it will cease its business in rollers and sleeves for industrial applications, including for the printing industry, in Germany, by the end of the year. The reason for this decision by…
ZC Rubber breaks ground on third overseas tyre facility in Mexico
China’s ZC Rubber recently officially broke ground on its third overseas manufacturing facility in Saltillo, Mexico. This significant milestone marks a major step forward in the company’s global expansion strategy and commitment to meeting the growing demands of the tyre…
Nokian considering laying off workers at Finnish tyre facility
Nokian Heavy Tyres says it has started a two-week “change negotiations” with workers in what it says is a part of a move to “adapt production to the market and demand situation.” The negotiations concern the Nokia factory employees of…
Sailun breaks ground on tyre facility in Mexico
Chinese tyre maker Sailun Group, which is collaborating with Tire Direct (TD), recently held a groundbreaking ceremony in Irapuato, Guanajuato State, Mexico, for its first facility in the country. The production capacity of the project will be 6 million PCRs/year.…
Firemax to pump in US$190 mn in tyre facility in Cambodia
Chinese tyre maker Shouguang Firemax intends to invest in a new production facility in Cambodia, according to a filing with Chinese tax authorities. The company expects to invest US$190 million in the tyre facility with an expected capacity of 8…
EU approves Pirelli’s jv for tyre facility in Saudi Arabia
The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Italy’s Pirelli Tire S.p.A. and the Saudi Arabia’s Public Investment Fund. The US$550 million deal relates primarily to the production and sale of…