Yokohama Rubber Co. says that it has begun production and sales of HLC (high load capacity) tyres to meet the needs of heavy duty passenger cars such as EVs and hybrid cars with high capacity batteries, as well as large…
Tag: tyre plant
Bridgestone invests further in Brazilian tyre plant
Bridgestone Brazil has announced an additional investment in its tyre production plant in Camaçari, in the state of Bahia, Brazil. Keeping up with the growing market demand for high-performance tyres, the company is investing more than R$270 million in the…
Toyo Tire constructs new tyre plant in Serbia
Japanese Toyo Tire Corporation – through its manufacturing subsidiary Toyo Tire Serbia-Belgrade – has commenced the construction of a US$465 million passenger vehicle tyre plant in Indjija City, the Republic of Serbia. The 300,000sqm plant will have a capacity of…
Sri Lanka’s Rigid Tyre Corp. to build US$75 mn tyre plant with Marangoni tech
Rigid Tyre Corporation (Pvt.) Ltd., backed by a Rs11.25 billion (approximately US$75 million) investment from UAE-based Sri Lankan businessman Nandana Lokuwithana, is building a new tyre plant in the Board of Investments (BOI) Industrial Zone in Wagawatta, Horana in Sri…
EU Approves EUR 117 Mln. State Aid For Czech Tyre Plant
The European Commission Thursday said it has approved regional investment aid aggregating about EUR 117million to Nexen Tyre Corporation Czech s.r.o. for the construction of a tyre production plant in Zatec, Czech Republic. The Commission found that the aid granted…