Bangkok--22 Dec--Francomasia
Continental Tyres (Thailand) Co., Ltd, a world-class manufacturer of tyres, recently laid the foundation stone of its new Greenfield tyre plant at Hemaraj Eastern Seaboard Industrial Estate 4 (HESIE 4) in Pluak Daeng, Rayong province. With an investment budget of around THB 10 billion, the new plant, comprising a gross area of about 750,000 square metres, will serve as the region's manufacturing base for passenger vehicle and light truck tyres, with an estimated annual production capacity of 4 million tyres during the first phase.
Shown in photo: Mr. David Nardone (centre right), Group Executive Industrial and International; and Mr. Vivat Jiratikarnsakul (5th right), Chief Operating Officer, Industrial and International, Hemaraj Land And Development PLC, a subsidiary of WHA Corporation PCL. hand over a bouquet to Mr. Vignesh Devasenapathy (centre left), Project Manager, Greenfield Rayong, Continental Tyres (Thailand), during the stone laying ceremony of its new factory.
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