22 October 2013 15:52 [Source: ICIS news]
LONDON (ICIS)--South Korea's Nexen Tire is assessing possible sites for a $1bn (€0.73bn) tyre-making plant in the Czech Republic, Poland and Bulgaria, a source at the company said on Tuesday.
Nexen Tire's investment would be rolled out over eight years and could create 1,200-2,000 jobs, it added.
Synthetic rubber makers based in central Europe include major producer Synthos, which has plants in both Poland and the Czech Republic.
($1 = €0.73)
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