Expansion as Marangoni outscores Latin America retreads market
31 Oct 2014
Share:
Rosario, Agentina – Marangoni Argentina has expanded its operations in Rosario with the installation of a fifth 4-metre press for flat strips (Unitread and Precauch), plus two other presses for the production of Ringtreads, which will commence operation shortly.
The expansion projects come just little more than one year after the inauguration of the new plant in Rosario, are intended to optimise its production processes and optimise product quality.
The latest investments are the result of the “excellent growth” at Marangoni Argentina over the last year, added a Marangoni Group statement. They will, it said allow the company to expand production to full capacity, and consolidate its established leadership in its reference markets:
Marangoni Argentina has a 30-percent share of the domestic market, selling an average of 1.1 million retreaded tyres a year, according to the Italian parent group. Installation of these new presses will therefore bring production capacity to around 30 tonnes/day,
The extra capacity will allow the company to increase exports to South American markets, reduce imports from Brazil, and retain its already high share of the Argentine market, the group statement continued.
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
Unlimited access to ERJ articles online
Daily email newsletter – the latest news direct to your inbox