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Sumitomo Rubber Group's South Africa Factory Begins Production of Truck & Bus Tires
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Sumitomo Rubber Industries, Ltd. is pleased to announce that our group's South Africa Factory (Location: Ladysmith, South Africa) began producing tires for trucks and buses this past July 19. With the aim of ensuring a stable supply of truck and bus tires for markets throughout Africa, SRI invested a total of 970 Million Rand (approximately 8.1 Billion Yen*1) to install new, cutting-edge production facilities at our South Africa Factory.
Until now, Sumitomo Rubber South Africa (Pty) Limited (SRSA) relied on imports to supply African markets with truck and bus tires. Now, with the start of local production of truck and bus tires, we have gained the ability to ensure a stable supply for Africa. Moving forward, the SRI Group will continue working to enhance our tire sales business in Africa as part of our efforts to further grow and develop our overall global business.
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| South Africa Factory |
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| <South Africa Factory Profile (as of December 31, 2017)>
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| Company Name | : | Sumitomo Rubber South Africa (Pty) Limited |
| Location | : | Ladysmith, KwaZulu-Natal, Republic of South Africa |
| Company Representative | : | Mr. Riaz Haffejee |
| Start of Operations | : | 1973*2 |
| Scope of Business | : | Manufacture & Sale of Tires for Passenger Cars, Light Trucks |
| Production Capacity | : | 12,500 Tires per Day |
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| <Truck & Bus Tire Factory Profile>
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| Start of Production | : | July 2018 |
| Total Floor Space | : | Approx. 180,000m² |
| Production Capacity | : | 750 Tires per Day (Planned by 2020) |
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| *1 | FOREX Conversion Rate: 1 Rand = 8.4 Yen |
| *2 | The former Apollo Tyres South Africa (Pty) Limited (currently, Sumitomo Rubber South Africa (Pty) Limited) was acquired by the Sumitomo Rubber Group in December of 2013. |
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