Tag: tyre

Sentury to expand to Europe with EUR520 mn Spanish plant

China’s Qingdao Sentury Tire plans to invest EUR523 million to construct a car and light truck radial tyre plant in Galicia, northwest Spain to cater to European demand. The decision to build the plant was approved at a meeting of the company’s Board of Directors…

Magna Tyres to acquire Aussie tyre firm

Dutch firm Magna Tyres Group, known as a second-tier OTR tyre supplier, has acquired Australia-based company Fennell Tyres International. Financial details were not disclosed. Fennell Tyres International is known for its OTR, mining and TBR tyre solutions. Magna Tyres says…

Tyre value chain ready for EoW criteria for ELT-derived rubber

ETRMA (the European Tyre & Rubber Manufacturers Association)  and EURICi (the European Recycling Industries’ Confederation) are committed to support the European Commission in developing EU harmonised End of Waste (EoW) criteria. The associations add that the rubber supply chain is ready for…