Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
  • Tire Business
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • Tire
    • Airless Tires
    • Non-Tire
    • More News
    • Suppliers
    • Silicone
    • Latex
    • Technical Notebooks
    • Opinion
    • Online Exclusive
    • Special Reports
    • Automotive
    • Executive Action
    • Government/Legal
    • Sustainability
    • Blogs
      • Products
      • Wacky World of Rubber
    • Best Places to Work
    • War in Ukraine
    • Rubber Division IEC
    • ITEC
    • Women Breaking the Mold
  • PFAS
  • Custom
    • Sponsored Content
    • White Papers
  • Resources
    • Directory
    • Classifieds & Mold Mart
  • Data
  • Events
    • RN Events
    • RN Livestreams/Webinars
    • Industry Events
    • Past Events
    • Rubber News M&A Live
    • PFAS Live
    • Ask the Expert
    • International Tire Exhibition & Conference (ITEC)
    • Women Breaking the Mold Networking Forum
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
August 11, 2015 02:00 AM

Petlas expanding tire capacity in Turkey

Shahrzad Pourriahi
European Rubber Journal
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    LONDON—Turkish tire maker Petlas Tire is completing a $166 million expansion at its site in Kirsehir, Turkey, and is also planning a new plant, a senior company official said.

    Petlas general director for international sales Oguz Ay said that, once completed, the expansion project will increase agricultural tire production by 10 percent and radial truck/bus tire production by 200 percent.

    The tire maker, he noted, has been steadily growing and has invested nearly $553 million since 2005 to increase its capacity.

    “Turkey is the only European country where demand for TBR tires is on the rise,” said Ay, adding that an annual growth of 5 to 10 percent is forecast for TBR tire demand in the country.

    “Therefore, we are expanding our TBR capacity three-fold to meet the growing demand,” he said.

    Kirsehir is Petlas' only production site with the current annual production capacity of 8 million PCR tires, 2 million agricultural tires, 500,000 TBR tires and 300,000 OTR tires.

    With demand for passenger car tires also on the rise in Turkey, Petlas will be setting up a new factory at a new site in the near future, according to Ay.

    Ay did not, however, comment on the location or the time frame for the new plant, but he said that the current slow markets and conflicts in the Middle East region may delay the decision-making process.

    A report by TechSci Research in 2014 has forecast that the Turkish tire industry would be dominated by passenger car segment between 2014-19.

    “Many leading automobile manufacturers in Turkey are expanding their production capacities as well as establishing new production facilities in the country,” said the report predicting that the country's tire industry was to grow at a CAGR of around 8 percent during the period.

    Petlas faces increasing competition in Turkey. Sumitomo Rubber Industries Ltd. recently opened a $500 million joint venture car and light truck tire plant in Cankiri, Turkey, and Brisa Bridgestone Sabancı Lastik Sanayi ve Ticaret A.S. is building a $290 million car tire plant in Aksaray Province that is due on stream in early 2018.

    Related Articles
    SRI opens JV tire plant in Turkey
    Titan considers wheel plant in Turkey
    Letter
    to the
    Editor

    Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    Most Popular
    1
    Tayte French Lutz named French Oil CEO
    2
    PFAS regs and litigation—attorneys' perspective
    3
    Without 'serious progress' in negotiations UAW strike will expand Friday
    4
    Public responds to PFAS restriction proposal
    5
    Guest Column: Some parts of the new EV supply chain are going to be trouble
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Tire
      • Airless Tires
      • Non-Tire
      • More News
        • Automotive
        • Executive Action
        • Government/Legal
        • Sustainability
        • Blogs
          • Products
          • Wacky World of Rubber
      • Suppliers
      • Silicone
      • Latex
      • Technical Notebooks
      • Opinion
      • Online Exclusive
      • Special Reports
        • Best Places to Work
        • War in Ukraine
        • Rubber Division IEC
        • ITEC
        • Women Breaking the Mold
    • PFAS
    • Custom
      • Sponsored Content
      • White Papers
    • Resources
      • Directory
      • Classifieds & Mold Mart
    • Data
    • Events
      • RN Events
        • International Tire Exhibition & Conference (ITEC)
        • Women Breaking the Mold Networking Forum
      • RN Livestreams/Webinars
      • Industry Events
      • Past Events
      • Rubber News M&A Live
      • PFAS Live
      • Ask the Expert
    • Advertise
    • DIGITAL EDITION