Kumho Tire Shares Skid After Weekend Fire Disrupts Production

Kumho Tire shares skid after weekend fire disrupts production

SEOUL :Shares of Kumho Tire, South Korea's No.2 tire maker, slumped 8 per cent on Monday after a massive fire suspended operations at its factory in Gwangju on Saturday, threatening to disrupt supplies to global automakers.Fire authorities had extinguished 90 per cent to 95 per cent of the fire, but the bla

Massive fire devastates Kumho Tire's Gwangju plant; national response order issued

Kumho Tire suspended production at its Gwangju plant on Saturday after a massive fire engulfed a major section of the facility, prompting authorities to issue a nationwide firefighting mobilization order as the blaze continued to spread. The fire, which started around 7:11 a.m. at the factory in Gwangju, some 270 kilometers southeast of Seoul, has rapidly spread through plant buildings, with flames reportedly reaching as high as 100 meters, acco…

Fire at Kumho Tire’s Gwangju Plant in Korea Halts Production

A fire broke out at Kumho Tire’s plant in Gwangju at around 7:11am Saturday, forcing the company to halt production, according to Yonhap News Agency.

Massive fire devastates Kumho Tire's plant in South Korea

Massive fire devastates Kumho Tire’s plant in South Korea Seoul,   Firefighters made all-out efforts on Sunday to extinguish a fire at Kumho Tire’s plant, with the fire believed to be some 80 percent contained, according to authorities. The fire began Saturday morning at the factory in Gwangju, some 270 kilometers southeast of Seoul. About 460 […] The post Massive fire devastates Kumho Tire’s plant in South Korea appeared first on Mangalorean.co…