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Algeria’s First Tyre Company to Exhibit in CITEXPO Shanghai in August

Iris Tyre, the first tye company in Algiers has announced its participation in this year CITEXPO.

Iris Tyre Confirms to Exhibit in CITEXPO

Iris Tyre, which is based in Sétif, about 180 miles east of Algiers, was founded by Algerian consumer electronics and household appliances group Eurl Saterex-Iris. It is the first tyre factory in Algeria since the Michelin Group closed its plant in the capital in 2013. The total investment is around $250 million to $300 million. It is a state-of-the-art, fully automated plant. Finnish automation specialist Cimcorp Oy supplied its Dream Factory concep...

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