Tag: tyre plant

Continental opens fourth expansion at China plant

Tyre firm Continental has celebrated the grand opening of the fourth expansion phase of its tyre plant in Hefei, China. With the extension of its solely tyre plant in the country Continental Tires will boost its annual production capacity to…

Continental tyre plants on energy saving drive

Thanks to 160 energy-saving projects, Continental Tires reduced its annual energy requirements by around 150 gigawatt hours in 2023. This was achieved, for example, through the increased use of renewable energies and thermal insulation. The firm adds that 150 gigawatt…

China’s Wanli to invest in tyre plant in Cambodia

With the recent announcement of the start-up by China’s General Tire of its Sihanoukville plant, now another Chinese tyre major, Wanli Tire Corporation, is looking at investing in Cambodia. Wanli Tire expressed the interest when a delegation of top officials…

Goodyear to cut capacity at German tyre plant

US tyre firm Goodyear Tire & Rubber says it will cut production capacity at its Fulda, Germany, tyre manufacturing facility by around 50% by year-end 2024. This move will result in approximately 550 job cuts. The company estimates that the…

Nexen considering US for next tyre plant

South Korea’s Nexen Tire is considering expanding to the US with plans to build its first tyre plant to expand its share of the North American market, according to local media sources. The company was said to be planning to…