The ceremony was held on August 28 under the slogan “The New Wave for the Future”, ushering in the new era of Global Nexen.

Travis Kang, the Global CEO of Nexen Tire, Petr Ocko, Deputy Minister of Industry and Trade of the Czech Republic, Oldrich Bubenicek, Governor of the Usti nad Labem Region, Zdenka Hamousova, Mayor of Zatec, Moon Seoung-hyun, Korean Ambassador to the Czech Republic, core OE and RE figures, business partners, local press, construction staff and employees, were among the more than 300 guests who attended the event. The completion of the company’s four major R&D and production networks was celebrated at the event. Additionally, attendees also were able to share details of Nexen Tire’s strategies and technologies.

“The opening of the Europe plant will see an increase in Nexen Tire’s efficiency in addition to a faster response to the neighboring automakers. 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. “As Korea’s leading manufacturer with a 77-year history of knowledge and technology in the tire industry, we plan to increase global production capacity, going beyond the challenges and making big steps in the global tire industry.”

Guests toured the new facility after the opening and ribbon-cutting ceremony. Nexen Tire also introduced them to the Smart Factory, which features an operating system that identifies faults in advance allowing for zero-defects in product quality.

The new facility has been in operation since April 2019. In a statement by the company, Nexen Tire explains that its Europe Plant will aid in increasing global production capacity, serving as a production base that works in conjunction with an R&D centre and the Smart Factory.