NDR teams up for tyre factory  [ Thailand ]

The Stock Exchange of Thailand listed tyre maker N.D. Rubber Plc (NDR) has teamed up with Chinese truck-tyre maker Shandong Yinbao Tyre Group to construct a tyre plant for trucks and passenger cars in Chon Buri. NDR will hold a 30% stake in the joint venture, with the Chinese partner holding 40% and a Thai manufacturing peer, P. Siam Rubber, owning the rest. The goal is to diversify tyre produc...
<Nov 25, 2016>