Tag: Kumho Tire

Kumho Chairman making a bid for control in company

After last month’s news that China’s Doublestar would by the likely buyer of Kumho Tire https://rubberjournalasia.com/kumho-likely-to-be-sold-to-chinas-doublestar/, it now appears that Kumho Asiana Group Chairman Park Sam-Koo has raised nearly US$870 million to buy back a controlling stake in the group’s…

Too much reclaim in tyres creates furore

Kumho, which has a capacity of 30 million tyres/year at its factories in Tianjin, Nanjing and Changchun, provides tyres to 35 car models produced by major OEMs including GM, Volkswagen, Hyundai, Dongfeng Peugeot Citroen and homegrown brands like Great Wall Motor and Hafei.