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Título NEXEN TIRE Unveils the New Europe Plant at the Grand Opening and Ribbon-Cutting Ceremony in the Czech Republic Date2019-08-28

- Travis Kang, the Global CEO of NEXEN TIRE commences the grand opening event with a welcome speech, celebrating the momentous occasion
- NEXEN TIRE completes its four major global R&D and production networks with the opening of the NEXEN TIRE Europe Plant, preparing for the next “Global Nexen” era

Top: NEXEN TIRE Europe Plant 
Bottom Left: Travis Kang, the Global CEO of NEXEN TIRE is celebrating the opening of the Europe Plant with a welcome and vision speech 
Bottom Right: Byung Joong Kang, the Chairman of NEXEN TIRE, Travis Kang, the Global CEO of NEXEN TIRE, Eung Young Lee, President of NEXEN TIRE Europe and Se In Oh, Vice President of NEXEN TIRE Europe are joined by the technical staff and Europe Plant employees at the ribbon cutting ceremony.

NEXEN TIRE, a leading global tire manufacturer, is pleased to announce the official grand opening and ribbon-cutting ceremony of the NEXEN TIRE Europe Plant in Žatec, the Czech Republic, which took place today on Wednesday, August 28 at 10:00 a.m.

The grand opening ceremony of the NEXEN TIRE Europe Plant was held under the slogan “The New Wave for the Future,” that marks the new era of Global Nexen. Over 350 guests were in attendance, including Kang Byung-joong, Founder & Chairman of NEXEN TIRE, Travis Kang, the Global CEO of NEXEN TIRE, Petr Očko, Deputy Minister of Industry and Trade of the Czech Republic, Oldřich Bubeníček, Governor of the Ústí nad Labem Region, Zdeňka Hamousová, Mayor of Žatec, Moon Seoung-hyun, Korean Ambassador to the Czech Republic, and core OE and RE figures, business partners, local press, construction staff and employees. The guests celebrated the completion of NEXEN TIRE Europe Plant, establishing four major global R&D and production networks – the Magok Central Research Institute in Korea, the Žatec Plant in the Czech Republic, and the relocation of its Europe and U.S. R&D center – and shared detailed information on NEXEN TIRE’s distinguished strategies and technologies.

“Recognizing the importance of being closer to our customers, we have established a production base to respond to their needs in a more prompt and flexible way”, said Travis Kang, the Global CEO of NEXEN TIRE. “The opening of the Europe plant will see an increase in NEXEN TIRE’s global production capacity, going beyond the challenges and making big steps in the global tire industry.”

Following the opening and the ribbon-cutting ceremony, guests in attendance were able to tour the new plant and were introduced to the Smart Factory. The cutting-edge factory enhance productivity and improve quality by carrying out a process automation for raw material management to manufacturing, quality control, and distribution.

The NEXEN TIRE Europe Plant began its operations in April 2019. Located in the Czech Republic, the new plant has excellent access to Europe’s largest markets such as Germany, France and the United Kingdom. The Europe Plant will serve as a great production base with an R&D center and the Smart Factory that is expected to begin expanding capacity to 3 million units in 2019, phase out to 11 million units by 2022.

As of August 2019, the NEXEN TIRE Europe Plant currently hired around 850 employees and by 2022, the company plans to employ approximately 1,300 employees. Not only is NEXEN TIRE accelerating recruitment and promoting economic growth, but the company is also supporting the region on environment-related projects. In fact, the company aims to establish the NEXEN Environmental Fund to improve the quality of all environmental components in the community.

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