News from Notch Consulting, Inc.

April 9, 2019

Linglong tire factory begins construction in Serbia

Filed under: Tires — Tags: — Notch @ 12:59 pm

China’s Shandong Linglong Tire Co. Ltd. has laid a ceremonial corner stone for its greenfield tire factory project in Zrenjanin, signaling the start of construction for the $994 million project in northern Serbia.

“Linglong’s arrival in Serbia is a great opportunity given by the openness and win-win of times. We will live up to our expectations, ensure the rapid and high-quality construction of the project, strive for early production, and at the same time, Linglong will strengthen cultural exchanges and integration with Serbia, aiming to contribute to the establishment of a healthy, stable and sustainable economic and trade cooperation between China and Serbia,” said Wang Feng, Chairman and CEO of Linglong Tire.

Construction will be in three phases over six years and will span 4.24 million square feet, Linglong said.

Operated by Linglong International Europe d.oo. Zrenjanin, the plant is rated at 13.6 million tires per year, comprising 12 million car tires, 1.6 million truck/bus tires, and 20,000 off-the-road tires.

Press release found here.

Sumitomo Rubber truck and bus tire production begins in Brazil

Filed under: Tires — Notch @ 8:52 am

Sumitomo Rubber Industries Ltd.’s Brazilian subsidiary has initiated production of radial truck and bus tires at its plant in Fazenda, Brazil following a $133 million, three-year expansion project.

SRI opened the 5.38-million-sq.-ft. plant in Brazil’s Parana State, southwest of Sao Paulo, in late 2013 after an investment of $345 million. Adding capacity for truck tires necessitated a physical expansion of the plant by about 144,000 square feet, SRI said.

Read the full press release here.

Continental adding ContiSeal, ContiSilent production to South Carolina plant

Filed under: Tires — Tags: — Notch @ 8:33 am

Continental Tire the Americas is expanding its plant in Sumter, South Carolina to accommodate production of the company’s ContiSeal puncture-sealing and ContiSilent noise-absorbing passenger tire lines.

The project will add about 29,0000 square feet to the approximately 2 million square feet of manufacturing space. Conti did not disclose its investment in the expansion but said the project should create up to 50 jobs dedicated to the new production lines.

Producing these tires in the U.S. will increase the supply of tires on hand and reduce the turnaround time from order to delivery to customers throughout the region. Conti produces the ContiSeal and ContiSilent tire lines at plants in Otrokovice, Czech Republic, and Lousada, Portugal.

“We have listened to the needs of our customers and are excited to offer products and solutions designed to ensure a quieter and more comfortable ride, which undoubtedly will become increasingly important as we see more electrification and autonomous vehicles in the market,” said Ahmed Boualam, Sumter plant manager.

Continental plans to begin installing equipment in September, and is targeting the start of production for May 2020. The new lines will be rated at 1 million tires a year full production in 2021, Conti said.

Referenced article found here.

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