Nexen Sponsors Czech Hockey Team
Earlier this year it announced plans to invest around £690 million to build a new 12 million tire per annum factory, and now Nexen Tire has further strengthened its relationship with the Czech Republic by signing up as a sponsor for ice hockey team BK Mladá Boleslav. The agreement covers the 2014/2015 and 2015/2016 seasons
Nexen Tire Wins Award
Nexen Tire’s N’BlueEco tire has received the Green Good Design Award. The Green Good Design Award is given to eco-friendly design products by the European Centre for Architecture Art Design and Urban Studies and the Chicago Athenaeum: Museum of Architecture and Design. “This award proved the global competitiveness of our eco-friendly technologies and designs,” said
Nexen Sales Rise
Nexen Tire first half sales and operating profit were up year over year. The tiremaker reported sales of 885.9 billion won, up 0.2%, and an operating profit of 102.6 billion won, up 9.7% YoY. Nexen also said sales of OE tires rose 39.6% YoY, while its UHP tires increased 4.8%, accounting for 38.8% of its
Nexen Showcases Redesigned Site
Nexen Tire America launched a redesigned website aimed at consumer interaction and industry functionality, the company said. The new site offers direct feeds from the tiremaker’s social media campaigns, a resource section, downloadable tire specifications, videos and more. Nexen also has plans to add more features to the site and its social media campaigns in
With Top 10 Goal, What’s Nexen’s Next Move?
Nexen Tire Corp. has made no secret of its primary goal – be in the global top 10 among tiremakers by 2017 – and now it appears its growth trajectory is keeping pace with its bold ambitions. Currently the world’s 23rd largest tire and rubber company with 2013 revenues of $1.58 billion, Nexen is a
Nexen to Supply OE to Dacia
Romania-based car manufacturer Dacia, and subsidiary of Renault, has selected Nexen Tire to provide OE tires for some of its cars. Nexen’s N’Blue HD tires will be mounted on Dacia’s compact vehicle Lodgy as well as carmakers Dokker. The vehicles, produced in a Renault plant in Tangier, Morocco, will be sold throughout Europe. Nexen Tire
Nexen Invests in Czech Republic
On June 16 the Czech Republic government endorsed one of the largest investments made in the country in the last few years; the Czech cabinet approved Nexen Tire’s plan to invest Kc 22.8 billion to build a factory in the Ústí nad Labem region of Bohemia. According to the Czech government, the project will create
Tire Review’s China Tire Watch
Radial Truck Tire Capacity Expansions According to the recent Chinese “tire industry access conditions” draft issued by the Ministry of Industry and Information Technology (MIIT) of China, future truck radial tire new plant or expansion projects should have production capacity of more than 1.2 million tires annually. By comparison, future radial light truck and car
Nexen Claims ‘Most Comprehensive, Aggressive’ Warranty Program
With recent changes to its program, Nexen Tire America now claims it has the most comprehensive and aggressive replacement market warranty program in the industry. According to the tiremaker, changes to the program were geared towards adding value to Nexen’s product line at the consumer level by providing end users with coverage throughout the life
Nexen IDEA Finalist
Nexen Tire was recognized at the 2014 International Design Excellence Awards (IDEA) for its Green Hive concept tire. The project was selected as a finalist in the transportation category. “The grand slam of the most prestigious global design awards we have achieved with this year’s IDEA is proof of our design capability and extraordinary global
