News from Notch Consulting, Inc.

July 12, 2018

Linglong breaks ground on 4th tire plant in China

Filed under: Tires — Tags: — Notch @ 11:22 am

China’s Shandong Linglong Tire recently held a ground breaking ceremony for its fourth facility at its Hubei Linglong Tire 247-acre site in China.

Its projected production capacities are 12 million passenger tires, 2.4 million truck/bus tires and 60,000 OTR tires.

Yantai, China-based Linglong announced its plans for the $875 million project last March.

According to Linglong, the plant will integrate intelligent manufacturing, product lifecycle management, industrial big data application and a high-end brand. The company wants to “break through regional restriction” and serve customers at zero distance, while improving market share and reducing logistics costs.

Referenced article found here.

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May 28, 2018

Saudi NTC to work with Samsung on $1.6 billion tire project

Filed under: Tires — Tags: — Notch @ 5:03 pm

Saudi Arabian National Tire Co. (NTC) has awarded a contract to South Korea’s Samsung Engineering for the engineering, procurement, and construction of its planned $1.6 billion tire plant in Saudi Arabia.

NTC plans to build the factory in Jubail, an industrial city in the eastern part of the kingdom on the Persian Gulf. Production is expected to start by year-end 2020. The plant will be rated at 20 million units a year capacity, with a staff of about 4,000 employees.

NTC is an initiative of Fahad Bin Abdul-Rahman Bin Abdul-Aziz Al-Saud, a member of the Saudi royal family.

Triangle clears government hurdles for funding of new U.S. tire plants

Filed under: Tires — Tags: — Notch @ 3:56 pm

China’s Triangle Group Co. Ltd. is one step closer to breaking ground on its passenger and light truck tire factory in Edgecombe County, east of Rocky Mount, N.C.

The government in China signed off on agreements and approvals to fund the first phase of the $580 million project, a passenger and light truck tire plant with capacity for 6 million tires annually, according to Manny Cicero, CEO of Triangle Tire USA, and Marketing Director Mary Ma. All that remains is the securing of several site permits, including one for air quality, before construction can commence, they said in an interview at the company’s office in Franklin on May 22.

Triangle announced late last year that it plans to build two tire plants in the U.S. on a 1,449-acre plot of land in Edgecombe County. Phase one will be a passenger and light truck tire plant. Groundbreaking for the second plant, a 1 million tire capacity truck and bus tire facility, will begin six months after the start of construction on the first plant. The factories will share a rubber mixing facility located between them, Cicero said.

The target date for phase one completion is April 2020.

Referenced article found here.

March 17, 2018

Maxxis opens 2-wheeler tire plant in India

Filed under: Tires — Tags: , , — Notch @ 4:06 pm

Maxxis International has launched its first tire manufacturing plant in India. The facility was inaugurated by Gujarat Chief Minister Vijaybhai Rupani.

Capacity at the Ahmedabad plant is rated at 20,000 motorcycle tires and 40,000 tubes a day in phase-one. The Taiwanese company invested $400 million to build the plant, its first in India.

The tire maker operates six plants in Taiwan; eight in China; and one each in India, Indonesia, Thailand and Vietnam. Capacity totals over 1 million tires a day.

Maxxis Tires is a wholly owned subsidiary of Cheng Shin Rubber Ind. Co. Ltd., the largest two-wheeler tire manufacturer and the ninth largest tire company in the world.

Referenced article found here.

Saudi NTC advances $1.2 billion tire plant project

Filed under: Tires — Tags: — Notch @ 3:32 pm

Saudi Arabian National Tire Co. is in the final stages of awarding the construction of its $1.2 billion tire production plant to an EPC contractor, according Farid Dudin, general manager of Victoria Trading FZCO and head of the tire plant project.

Among the top bidders is South Korea’s Samsung Engineering, Dudin said at the Tire Technology Expo, held Feb. 21-23 in Hanover, Germany.

“The EPC contractor will be fully-involved as an EPC contractor, but we will be in charge of selecting the machinery,” Dudin said.

The scope of the project has expanded to $1.2 billion from the original $1 billion, announced in January.

According to Dudin, the machinery will cost $800 million, and an additional $400 million has been set aside for land, construction, and other EPC costs.

Referenced article found here.

March 8, 2018

Linglong to build fourth China plant, considers two more overseas

Filed under: Tires — Tags: — Notch @ 1:10 pm

Shandong Linglong Tire Co. Ltd. plans to build a fourth factory in China, an $875 million project in Hubei Province, and continues to research locations in Europe and North America for possible expansion.

Yantai-based Linglong plans to break ground in May on the factory—with a capacity of nearly 14.5 million car, truck and industrial tires annually—at a 247-acre site in Jingmen, a city of nearly 3 million residents in central Hubei Province. Construction is expected to take three years.

The plant is designed with annual capacity for 12 million passenger, 2.4 million truck and bus, and 60,000 engineering tires, Linglong said. The plant also will have an annual capacity of 1.5 million inner tubes and flaps as well as for plastic pads.

The company has three plants in China: in Liuzhoui, Guangxi Province, and Dezhou and Yantai, Shandong Province, as well as one in Rayong, Thailand, that it opened in 2014.

Besides the new site in Jingmen, the company also envisions building one more in China and two overseas, one each in Europe and the U.S.

Referenced article found here.

China’s Linglong to assist Iran tire plant project

Filed under: Tires — Tags: — Notch @ 12:58 pm

China’s Shandong Linglong Tire Co. Ltd. has agreed to become the engineering/procurement/construction (EPC) and non-EPC contractor for the construction of a greenfield tire plant in Iran, according to a senior Iranian official.

Massoud Mohammadi, CEO of Arya Hamoon Tire Co., said Linglong is expected to provide production technology for the project, which is being built in southeastern Iran.

“(Linglong) will most likely supply the technology for the production of the agreed 50 sizes of tire,” Mohammadi said.

“Production capacity is 3.1 million units a year, which will include both passenger car tires and truck and bus tires,” he said.

Located in Sistan-Baluchestan province on the Pakistan border, the plant is being set up in Ramshar Industrial Zone in an area of 50 hectares, and is expected to create 1,400 jobs once completed.

Referenced article found here.

February 2, 2018

GRI opens tire factory in Sri Lanka

Filed under: Tires — Tags: — Notch @ 1:43 pm

Global Rubber Industries Pvt. Ltd. (GRI) officially opened its specialty tire manufacturing plant in Badalgama, Sri Lanka on Jan. 25, 2018. Located next to its solid industrial tire factory, GRI broke ground on the $40 million facility in January 2017.

The 1.25 million sq.-ft. plant has a rated capacity of 25 metric tons a day, making it the largest factory in Sri Lanka dedicated to making specialty tires and the first to produce radial agriculture tires, according to GRI. Ag tires will comprise approximately 70% of the state-of-the-art, highly automated plant’s production. The remaining output will consist of pneumatic construction tires and forklift tires.

All the products made at the new plant will be destined for export, the company said.

January 18, 2018

Saudi prince backing $1 billion tire plant in Saudi Arabia

Filed under: Tires — Tags: — Notch @ 9:43 am

National Tire Co., a company owned by a member of the Saudi royal family, is planning to build a $1 billion tire plant in Jubail, an industrial city in the eastern part of Saudi Arabia, according to Farid Dudin, general manager of Victoria Trading FZCO and head of the tire plant project.

NTC is an initiative of Fahad Bin Abdul-Rahman Bin Abdul-Aziz Al-Saud, a Saudi prince and former Saudi government official.

NTC said it had signed an agreement on the turnkey concept design with Finnish engineering consulting firm Black Donuts Engineering Inc., covering both the design of the factory itself and the design and development of the plant’s products.

The project will create one of the “biggest and most modern individual tire factories in the world,” the company stated. The plant, to be built on a 247-acre site in Jubail, will be engineered to produce 16 million passenger tires and 6 million radial truck/bus tires a year.

Production is expected to start by the second half of 2020.

Sourced article found here.

January 10, 2018

Apollo lays cornerstone for 5th Indian plant

Filed under: Tires — Tags: — Notch @ 10:17 am

Apollo Tyres Ltd. executives and local officials laid the ceremonial foundation stone on January 8 for a $280 million passenger tire plant planned for Chinnapanduru, located in Andhra Pradesh state.

Construction on the plant is expected to start within six months, Apollo said, and manufacturing is slated to start two years after that. The company plans to start with manufacturing passenger tires in this facility, and will later expand to other product as well.

The facility will be located on 200 acres of land that Apollo purchased from the Andhra Pradesh government, and will be about 100 miles west of Chennai, the coastal city where Apollo operates a combined passenger/truck tire plant that it opened in 2010.

The factory will be Apollo’s fifth in India and seventh overall.

Read the full press release here.

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