07.07.2010 Work Begins on Nexen PCR Tyre Plant

Construction work on Nexen`s newest passenger car and light commercial vehicle tyre factory in South Korea`s Gyeongnam Province has begun following its groundbreaking ceremony on June 24.

05.05.2010 Nexen`s Q1 Earnings Jump 43%

Nexen Tire Corp.’s first quarter earnings jumped 43 per cent from a year earlier on the back of increased prices, reports Tire Review.

08.04.2010 Nexen Appoints Samsung Recruits as CEO and VP Sales

New Nexen Tire vice chairman and CEO, H.B. Lee (right) and new vice president of sales division Byung-Woo Lee (left) have both joined from Samsung.

08.02.2010 Nexen adds sizes to Roadian HT light truck tire

Nexen Tire America has added six sizes to its Roadian HT light truck tire line, including four 18-inch configurations.

09.12.2009 Ludwig: Expect more price increases

In his most recent "Tire & Rubber Quick Alert," tire industry analyst Saul Ludwig says recent tire price increase announcements are all good.

07.12.2009 Analysts Recommend Korean Tyre Shares

Financial analysts are recommending buying shares in Korean tyremakers (particularly Hankook and Nexen).

02.12.2009 Rising raw material costs force Nexen`s hand

Nexen Tire America Inc. will raise prices on its Korea-made products 8% on Jan. 1, 2010.

09.11.2009 SEMA Show, Day Three: Nexen adds `N` tires

exen Tire America Corp. introduced two tires during the 2009 Specialty Equipment Market Association Show in Las Vegas, Nev. One was a maximum performance tire, the other a UHP tire.

03.11.2009 Editor`s Comment: EU-Korea Agreement Will Aid Tire Sales

On Oct. 15, EU Trade Commissioner Catherine Ashton and South Korean Trade Minister Kim Jong-hoon initialed a free trade agreement (FTA), which the EU calls “the most important ever negotiated between the European Union and a third country.”

12.10.2009 Nexen Really Expanding With New S.K. Plant

Nexen Tire is planning to invest 1 trillion won ($829 million) in a new factory in South Korea, one that apparently will be the world`s largest.