News
Continental acquires remaining shares of Malaysian JV
Continental is expanding its operations in the Asia Pacific region, with the acquisition of Continental Sime Tyre Sdn. Bhd.
Sime Darby Allied Products Berhad, was a joint venture for Continental, who previously held a 70% stake in the Malaysian company. This acquisition sees the remaining 30% of shares being taken up by Continental. As a result, the Malaysian brand will now be renamed Continental Tyre Malaysia Sdn. Bhd. as it becomes a full subsidiary of Continental Corporation.
Malaysia is a key market for Conti, with the brand operating two manufacturing facilities in the region. The Petaling Jaya site produces truck and bus radials as well as OTR tires fro agricultural and industrial use. The site also houses a technology centre, which supplies it and the company’s second site at Alor Star.
Continental has had a presence in the Asia Pacific region since 1985, where it supplied instrument clusters for the Proton Saga, its growth in the region has seen it supplying major and local OEMs from its manufacturing facility in Prai, Penang.
MORE NEWS
Continental receives VDI Award
Apollo Tyres opens Bangkok sales office
Hankook and DTM extend supply deal
Study highlights Michelin's agricultural tech
SEARCH THE SITE
Web Exclusives
Supplier spotlight: Lanxess
Tires that are produced using Lanxess' specialty chemicals, have beneficial properties for motorists
Read Now
Show review 2013: Best show ever!
This year's Expo proved a great success, with an even bigger and better selection of the latest developments and manufacturing technologies on show at Tire Technology Expo 2013
Read Now
Conference speaker: Saied Taheri
The associate professor at Virginia Tech and director of the Center for Tire Research (CenTiRe) on how intelligent tires are affecting ABS and ESC systems
Read Now
Interview: Christoph Kalla, Lanxess
Labeling is set to change the tire industry at every level. Lanxess' vice president marketing and R&D explains what will be affected and how
Read Now
Cordiant's Yaroslavl Tyre Plant
Automation is taking Yaroslavl to a new level of productivity, as Cordiant Group’s plant undergoes major changes
Read Now
Supplier Spotlight
We are building a list of leading suppliers covering all aspects of the tire industry. Want to see your company included? Contact cheryl.standley@ukipme.com for more details.
Submit your industry opinion
Do you have an opinion you'd like to share with the tire technology community? We'd like to hear your views and opinions on the leading issues shaping the industry. Share your comments by sending up to 500 words to graham.heeps@ukipme.com
Submit Your Recruitment Ad
To send us your recruitment advertising or to receive information on placing a banner please email cheryl.standley@ukipme.com