Korea’s Nexen Tire will hold an opening ceremony for its new $1 billion tire plant in the Czech Republic on August 28. The plant, located in the Triangle Strategic Industrial Zone in Zatec, began trial production in April and recently began supplying customers. The 7 million-sq.-ft. factory had 3 million units of capacity at start-up and is expected to increase to 11 million by 2022. The Czech deputy minister of industry and trade, Petr Očko, is expected to join Nexen CEO Travis Kang and Chairman Byung-Joong Kang at the plant’s ceremonial opening on Aug. 28, Nexen said.
top of page
Search
Recent Posts
See AllOn October 31, Bridgestone Corporation announced it will sell all of its assets in Russia due to the war in Ukraine. The process could take several months. Bridgestone is seeking a buyer for its 80.6
90
Nokian Tyres has announced the location for its new tire plant — Oradea, Romania. The investment will total Euro 650 million and construction is scheduled to begin in early 2023. The factory is expect
90
Notch will be presenting a paper on current conditions in the global carbon black industry at the Tire Tech Expo happening this week at the Hannover Messe, Germany. This giant conference/trade show is
70
bottom of page