Prometeon Tyre Group To Invest About $115 M in Turkey to Increase Production
Prometeon Tyre Group, the licensed manufacturer of Pirelli-branded truck, bus, agricultural and OTR tires, will invest almost $115 million in its plant in Turkey to increase production by 75% by 2020.
Petlas Continues R&D Work
Petlas has introduced Turkey’s first run flat and all steel OTR tires as a result of its testing efforts from its R&D center.
Sumitomo Opens Turkey Plant
Sumitomo Rubber Industries’ tire factory in Turkey was inaugurated by the president of Turkey, Recep Tayyip Erdogan, Balkans.com reports. The $520 million plant was built in partnership with Abdülkadir Ozcan A.S (AKO) and the tiremaker plans to manufacture 10 million tires per year. The plant will employ 2,000 people and is expected to export 80%
