Tag: tyres

Pyrum to expand capacity with 2nd plant in Saarland

End-of-life-tyre recycler Pyrum Innovations has this year set up a wholly owned subsidiary Pyrum GreenFactory II to operate the second Pyrum plant in Saarland, as announced last year. It had at that time stated that the plant would be in…

Continental invests in US$90 mn hose plant in Mexico

German technology company Continental has kicked off the year with the announcement of the construction of a new hydraulic hose plant for industrial purposes. The planned investment is of around US$90 million and is one of the biggest investments for…

Yokohama Rubber sets up Italian subsidiary

Considering the strategic importance of the Italian market, Japanese tyre maker Yokohama Rubber has set up Yokohama Pneumatici Srl, a wholly owned subsidiary of the Yokohama Group. Headquartered in Milan, the company has been operational from 1 January 2024. The…

Michelin to up capacity for radial tyres at China plant

French tyre maker Michelin has decided to expand its Shanghai factory, its second expansion after first increasing its capacity in 2021. It will increase the capacity of high-performance radial tyres by 1 million units to 9.5 million units/year. Work on…