Saudi NTC advances $1.2bn tire plant project

Hanover, Germany – Saudi Arabian National Tire Co. (NTC) is in the final stages of awarding the construction of its $1.2-billion tire production plant to an EPC contractor, according Farid Dudin, general manager of Victoria Trading FZCO and head of the tire plant project.

Among the top bidders is South Korea’s Samsung Engineering, Dudin told ERJ during the Tire Technology Expo, held 21-23 Feb in Hanover.

The scope of the project, according to the official, has now expanded from an original $1 billion (€810 million), announced in…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with