Sumitomo Rubber Industries (SRI) has opened its new head office of Sumitomo Rubber South Africa (SRSA), the Group’s new tyre production and sales base in Durban.
SRI completed the acquisition of Apollo Tyres South Africa in December, 2013, launching its new business in Africa under the name Sumitomo Rubber South Africa.
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At the opening ceremony, SRI president, Ikuji Ikeda, announced an investment plan involving ZAR1.1bn (US$100m) of investments in SRSA’s South Africa Factory.
