Nexen Tyres Inaugurate Its Second Overseas Plant

The South Korean tyre brand Nexen has inaugurated its second overseas production unit at  Zatec in the Czech Republic. The company had already started production in the new unit in April. A lot of well-known faces were present in the inaugural ceremony that included Petr Ocko, deputy minister of industry and trade of the Czech Republic, Travis Kang, global CEO of Nexen Tire, Oldrich Bubenicek, governor of Usti nad Labem region; Zadetz Zdenka Hamousova, mayor of Zatec; Moon Seoung-Hyun, Korean ambassador to the Czech Republic etc.were present in the inauguration.

Travis Kang, the CEO of Nexen, said, “The opening of the Europe plant will enable an increase in Nexen Tire’s efficiency, in addition to a faster response to the neighbouring automakers. Recognizing the importance of being closer to our customers, we have established a production base to respond to their needs in a more prompt and flexible way.” He also said, “As Korea’s leading manufacturer with a 77-year history of knowledge and technology in the tire industry, we plan to increase global production capacity, going beyond the challenges and making big steps in the global tire industry.”

The production facility has a production capacity of 9 million in 2019, and it will have a production capacity of 11 million by 2022. After the formal inauguration, the invited guests were given a tour of the production facility, and they were shown the zero fault production facility. The production facility has a great connection with the most significant markets of Europe, such as Germany, France and the UK.