From Rubber & Plastics News
Hanover, Germany-Continental AG is evaluating sites in Brazil and the Baltic countries for a new tyre plant, with an annual capacity of 5 million to 8 million units, a company spokesman said.
The confirmation comes after the Brazilian financial daily â€œValor EconomicoÃ¶â€ reported Conti was in talks with Brazilian authorities about a factory in that country’s state of Bahia.
Conti makes power transmission belts and does hose and tire/wheel assemblies for vehicle makers at a facility in Ponta Grossa, Brazil. The company planned…