A look at tire makers in, around Ukraine, Russia
Date：2022/3/7
According to Rubber News data, there are seven international tire makers with operations in Russia, Nokian Tyres P.L.C. among them. The Finnish tire maker said Feb. 25 that it was preparing for potential disruptions to Russian operations and supply chains and had enacted a plan to move production from Russia to plants in Finland and the U.S. The move was intended to bring some production closer to customers.
"We are also monitoring closely the development of sanctions and potential counter-sanctions," Nokian said in a Feb. 25 statement. "We have activated our contingency plans to mitigate the financial and operational impacts to our business. For example, we are shipping tires closer to our customers, securing the raw material supply to our factories, transferring production of selected key product lines from Russia to Finland and to the US, and securing transport capacity from Russia with existing and new service providers."
Nokian is the only tire maker to detail possible changes to Russian operations, though Michelin said it would have to disrupt some production in Europe.
Others tire makers in Russa are: Bridgestone Corp., Continental A.G., Michelin, Pirelli & C. S.p.A., Titan International Inc. and Yokohama Rubber Co. Ltd., along with some domestic tire makers.
While there are some domestic tire makers in Ukraine, none of the major tire makers operate plants there. Should the conflict spread to Poland, two Bridgestone plants and one Michelin plant would be impacted, along with several domestic tire makers.