Nexen rolls out 10m tires within a year

Nexen Tire Company has said that its plant located in Shang Yang in South Korea is capable of producing more than 10 million tires per year, compared to last year’s production, which is estimated at 6 million tires with a 40 percent increase in capacity for this phase.
Now the company is in the process of expanding the plant to raise its capacity further for producing more than 21 million tires per annum by 2018.
Nexen Factory, which is considered to be one of the most sophisticated factories in the world, covers an area of more than half a million square meters, equivalent to an area of 46 football courts.
Over the years, Nexen has been recognized for its commitment to environmental sustainability as it uses solar energy to achieve efficiency.
Nexen Tire has over 70 years of tradition as a respected leader in the tire industry; it’s recognized to be one of the fastest growing companies in the world supplying tires to mainly South Korean car manufacturers.
Nexen Tire expects not only to keep increasing its supplies to the Korean car makers but also to develop new contracts with “notable foreign makers in order to level-up its reliability on technology and quality to the world level.”
Abdul Latif Al-Amoudi, CEO of Al-Amoudi Holding Company, said: “In fact, Nexen’s factory is one of the best factories I have ever seen. It utilizes the most advanced technology in the production process and it claims to have the “most satisfied” employees. I am not surprised when I heard that Nexen’s plant is one of the best 10 tire plants in the world.”
Al-Amoudi Holding Company is the exclusive Saudi distributor of Nexen tires for the last 23 years with more than 16 branches around the Kingdom.
The company is also involved in real estate and other business activities locally and internationally.