According to the “Bangkok Post†report, Japanese tire manufacturer Yokohama Rubber recently stated that the company plans to double its truck and bus capacity at its tire plant in Rayong, Thailand, with a view to making Thailand an ASEAN-oriented market. The export base.
Punnaphop Boriboon, senior manager of distribution at Yokohama Tire Manufacturing (Thailand), said that the company plans to double the production capacity of its card and passenger tires at the Rayong plant to 2,080 pieces/day next year; in addition, the plant can currently produce 12,200 pieces a day. With the use of car tires, the production capacity of passenger car tires will expand to 26,000 pieces/day in the next five to six years.
The Yokohama Rubber Rayong Factory was completed in 2004 and employs 1,960 people. The factory can produce 5 million tires per year and consume about 10,000 tons of natural rubber. Punnaphop Boriboon said that after the expansion, the factory will consume 5,000 tons of natural rubber per year.
Yokohama Rubber holds a 20% share of the market in Thailand's auxiliary tire market, with a share of approximately 5% in the replacement tire market. Its major customers include Toyota, Nissan, and the domestic market. The company's tire production in Thailand is ranked after Bridgestone, Michelin, Goodyear and Dunlop.
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