PIF, Pirelli to establish US$550 mn tyre plant in Saudi Arabia

The Public Investment Fund (PIF) and Italy’s Pirelli Tyre have officially tied up in an agreement to construct a tyre manufacturing facility in Saudi Arabia. PIF will have a 75% majority stake, with Pirelli holding the remaining 25% in the…

The post PIF, Pirelli to establish US$550 mn tyre plant in Saudi Arabia appeared first on Rubber Journal Asia -News on Rubber machinery , Manufacturers , Rubber chemical producers and Rubber processors.

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