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Home » News » Continental Celebrates Foundation Stone Laying Ceremony of its Greenfield Tire Plant in Rayong, Thailand
27.11.2017

Continental Celebrates Foundation Stone Laying Ceremony of its Greenfield Tire Plant in Rayong, Thailand

Continental Celebrates Foundation Stone Laying Ceremony of its Greenfield Tire Plant in Rayong, Thailand

The leading technology company Continental celebrated today on November 21st the Foundation Stone Laying Ceremony, marking the start of construction of its new Greenfield tire plant in Rayong, Thailand. 

Continental has committed to a long term investment totaling in the first phase to around € 250 million (approximately THB 9.75 billion) with a planned production of about 4.0 million passenger and light truck tires (PLT) per year by 2022. The start of operations is planned for 2019 and Continental will create around 900 new jobs in Thailand. The new Greenfield tire plant in the province of Rayong is the fifth Greenfield that is ramped up since 1999, and expands the global tire production footprint of Continental’s Tire Division to 21 tire plants in 17 countries. The size of the site is about 750,000 m² which potentially allows an expansion to up to 25 million tires capacity per year. The plant will be fitted with state-of-the-art technology, and will be Continental Tire’s most environmentally friendly plant.

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