Continental has inaugurated the €300m (Bt13bn/US$350m) expansion of its tire plant in Rayong, Thailand, with the upgrades intended to boost the facility’s production capacity by an additional three million passenger car and light truck tires per year.
The event also marked the start of local production of radial motorcycle tires at Rayong.
“Our Rayong tire plant is a vital pillar of our global production network,” said Continental CEO Christian Kötz. “With this expansion, we are further strengthening our footprint in Asia-Pacific to deliver locally produced premium car and motorcycle tires to our customers. This investment underlines the strategic importance of Thailand and the APAC region for Continental.”
“Asia-Pacific is a dynamic, fast-growing region and a key driver of our long-term growth plan,” added Dalibor Kalina, head of Continental’s tire business in the APAC region.
