Conti mulls adding tyre plant in Brazil

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 “Valor Economicoö” 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…

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