Continental’s tire plant in Rayong, Thailand, will ramp up its production capacity by an additional three million units per year. The expansion plans are a result of a total investment of over €300m (13 billion Thai baht).
The Board of Investment of Thailand is supporting Continental’s project under its Investment Stimulation Measure for Economic Recovery Scheme. This expansion will also lead to the creation of approximately 600 jobs in the upcoming years. With over 900 employees already working in the tire plant, Continental says it is reinforcing its commitment to the Thai market and the Asia-Pacific region.
“Our latest capacity expansion in Rayong reflects our strong growth in the Asia-Pacific region, one of Continental Tires’ strategic growth markets. With our increased production capacity, we will meet the demands of our customers even better, locally in Thailand, and regionally in the Asia-Pacific markets,” said Dalibor Kalina, head of Continentals business area replacement tires in the Asia-Pacific region.
Vignesh Devasenapathy, plant manager at the Rayong tire plant, added, “I want to thank my entire team for their passion and dedication in delivering our commitments to our customers, which is the basis for our success here at Rayong.”
Continental produces premium tires such as the MaxContact MC7 and other tire lines for EVs at the Thailand plant. Rayong is also one of the biggest Continental motorcycle tire production facilities in the world.
The plant meets the highest energy efficiency standards and is equipped with machinery that supports the latest production technologies, while logistics and handling processes are highly automated. With a photovoltaic capacity of 6.7 megawatts peak, 13% of the annual electricity required for tire production can be covered by renewable energy sources.