Nexen Tire Corp.

Nexen Tire Corp.

Nexen Tire Corp.

Date Founded



355, Chungnyeol-ro YANGSAN GYEONGSANGNAM-DO 50592 South Korea

Type of Company


Employees (Worldwide)



Auto Parts & Tires
Other Business & Consulting Services
Shipping & Delivery

Company Description

Nexen Tire Corp Originally established in 1942 as Heung-A Tire, Nexen Tire has over 60 years of tradition as a respected leader in the tire industry. Acknowledged as Korea’s first tire company, we first began car tire production in 1956. Over 30 years later, in 1985, the company was expanded through the construction of a radial tire factory in Yangsan, Korea. Through an alliance six years later with a Japanese company, OHTSU Tire & Rubber, we furthered our technological know-how and manufacturing capabilities. In an effort to reflect our dedication to quality and continued leadership, we changed the company name in 2000 from Woosung Tire to Nexen Tire Corporation. The name Nexen is a combination of two future-oriented words; next and century. That same year also saw Nexen Tire listed on the KOSPI 200 Index future market. Nexen Tire practices constant improvement and restructuring to sustain growth and anticipate market demand. For example, we closed our BIAS tire plant in 2003 due to low revenues and invested instead in the opening and operation of a second manufacturing plant. By 2004, we were introducing Ultra High Performance tires and developing High Performance SUV tires. In 2005, Nexen Tire was awarded a patent for the technology to manufacture rubber/stratified silicate nano-composite tires. By 2006, we had completed development on the new UHP and Winter LTR/SUV pattern. To accommodate increased global demand for the Nexen brand, we opened yet another tire manufacturing plant in Qingdao, China in 2007. Due to our commitment to quality products, friendly service and exceptional value, Nexen’s domestic market share has increased from 8% to 20%, with annual sales now exceeding $600 million dollars. We employ over 2,000 employees, each dedicated to building a superior and safe product. Nexen Tire currently exports to 120 countries. We are truly proud of our products and stand confidently behind each and every tire

Executives & Employees

Chief Executive Officer

Executive Director & Head-OE Development

Executive Director & Head-Sales

Executive Director & Head-Yangsan Production

Executive Director & Head-Operations

Managing Director & Head-Original Equipment Sales

Managing Director & Head-Product Development

Managing Director & Head-Materials Development

Managing Director & Head-Marketing

Head-Legal & Compliance Support

Board of Directors

Non-Executive Director at Nexen Tire Corp.

Executive Director & Head-Operations at Nexen Tire Corp.

Professor at Chonnam National University

Professor at Hankuk University of Foreign Studies

Head-International Cooperation at CHA University

President at Hidden Bay Hotel

Paths to Nexen Tire Corp.
Potential Connections via
Relationship Science
Nexen Tire Corp.
Owners & Shareholders
Details Hidden

TT-Hong Kong is an active, team-based manager which believes that optimal results come from extracting value and protecting capital through all means available including country allocation, thematic plays, sector rotation, stock selection, and currency management. They have no particular style and will not invest clients' assets in any stock, sector, country or asset class if they believe it carries an unacceptable risk of losing money.The firm's investment process is authentically active. They believe that every decision should count, and construct concentrated portfolios containing only their best ideas. Final decision-making authority is in the hands of a small number of individuals called 'trigger pullers'.TT-Hong Kong sells stocks when they reach their price targets, when the investment case has changed, or to make room for better ideas. Most importantly, they are prepared to cut losers.

Details Hidden

Somerset Capital is an active, specialist manager which aims to identify well managed, cash-flow generating companies at the right price. They do not invest according to index weights, believing this to increase risk. Their portfolios tend to have a quality and relative value bias.The firm is a Global Emerging Markets specialist which manages long-term, bottom-up, conviction-driven, concentrated portfolios. Their investment approach does not change with markets and they focus on reducing absolute risk through rigorous research and analysis. They also aim to give clients exposure to smaller companies and newer markets.They narrow down the initial universe through market-cap and liquidity filters before applying more advanced screens to approximately 300-350 stocks which will be visited and analyzed by their team of managers and analysts. This pool then feeds into their 100 stock watch list from which they construct their 40-stock portfolios. The final investment decisions are made by the firm's lead managers.

Recent Transactions
Details Hidden

Nexen Tire Corp. purchases Nexen Engineering Co., Ltd.


General Motors Co. engages in the designing, manufacturing, and selling of cars, trucks and automobile parts. It also provides automotive financing services through General Motors Financial Company, Inc. The firm operates through the following segments: GM North America, GM International, and GM Financial. It sells vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Wuling, Maven, and OnStar brands. The company was founded by William C. Durant on September 16, 1908 and is headquartered in Detroit, MI.

Hyundai Motor Co., Ltd. engages in the manufacture and distribution of motor vehicles and parts. It operates through the following business areas: Vehicle, Financial and Others. The Vehicle division offers motor vehicles. The Financial division provides financing, leasing and credit cards. The Other division includes manufacture of railways. The company was founded on December 29, 1967 and is headquartered in Seoul, South Korea.

Fiat Chrysler Automobiles NV engages in the design, engineering, manufacturing, distribution and sale of automobiles and light commercial vehicles, engines, transmission systems, automotive-related components, metallurgical products and production systems. It operates through the following geographical segments: North American Free Trade Agreement, Latin America, Asia-Pacific, Europe, the Middle East & Africa, Maserati, and Components. The NAFTA segment engages in the designing, engineering, development, manufacturing, distributing and selling of automobiles under the Chrysler, Jeep, Dodge, Ram and Fiat brand names, vehicles with the SRT performance designation and from sales of the related parts and accessories in the United States, Canada and Mexico. The LATAM segment sells passenger cars and light commercial vehicles and related spare parts under the brand names, Fiat and Fiat in South and Central America and it also provides financial services in Brazil and Argentina. The APAC segment offers cars, engines and transmissions and related spare parts under the Chrysler group and Fiat brands in China, Japan, Australia and India. The EMEA segment designs, develops and sells passenger cars and light commercial vehicles under the Fiat, Alfa Romeo, Lancia, Chrysler, Abarth and Fiat Professional and the sale of the related spare parts in Europe, Middle East and Africa. The Maserati segment manufactures, designs, engineers distribution and sale of luxury vehicles under the Maserati brand. The Components segments includes production and sale of lighting components, body control units, suspensions, shock absorbers, electronic systems, and exhaust systems, and others. The company was founded on April 1, 2014 and is headquartered in London, the United Kingdom.

Key Stats and Financials As of 2018
Market Capitalization
Total Enterprise Value
Earnings Per Share
Net Profit
Total Debt
Total Equity
Enterprise Value Sales
Enterprise Value EBITDAOperating
TEVNet Income
Debt TEV
Three Year Compounded Annual Growth Rate Of Revenue
Five Year Compounded Annual Growth Rate Of Revenue
Sri Trang Agro-Industry Public Co. Ltd. Plastics & Synthetics | Songkhla, SL

Sri Trang Agro-Industry Public Co. Ltd. engages in the production and distribution of natural rubber products. It operates through the following segments: Natural Rubber Products, Engineering Business, Plantation and Other Businesses. The Natural Rubber Products segment involves in the manufacture, sale, and trading of ribbed smoked sheets, concentrated latex, and block rubbers. The Engineering Business segment includes research and development of machinery and production process, and also providing information system service. The Plantation segment offers rubber, palm, and temperate fruits. The Other Businesses segment comprises of logistics services, research and development relating to machinery and production processes, and information technology services. The company was founded by Somwang Sincharoenkul and Viyavood Sincharoenkul on April 23, 1987 and is headquartered in Songkhla, Thailand.

Kolon Industries, Inc. Plastics & Synthetics | Gwacheon, GY

Since the first nylon production in Korea in 1957, KOLON Industries, Inc., formerly KOLON Corporation, has made a significant contribution to national economic growth, and is now an independent company separated from the Manufacturing Department of KOLON Corporation after the adoption of a holding company structure by the KOLON Group in 2010. Focusing on the four major business divisions, namely, industrial materials, chemical, films/electronic materials, and fashion, the company has become a leader in each industry. To become a top global chemical and materials company, KOLON Industries, Inc. is planning to globalize its businesses of automotive materials, advanced materials, optical films, chemical and fashion industries by increasing investment in high value products.

Formosa Taffeta Co., Ltd. Textiles | Taipei, TP

Formosa Taffeta Co., Ltd. engages in the textile industry. It specializes in weaving, dyeing, printing, and finishing process. The company's products include home and comfort fabric, safety and life fabric, sports and casual fabric, tyre cord fabric, special finishes fabrics, rainy and sunshine fabric and lady and gentlemen's fashion fabric. It also produces polyethylene shopping bags, merchandise bags, roll bags, and garbage bags. The company was founded on April 19, 1973 and is headquartered in Touliu, Taiwan.

Hankook Tire Co Ltd. Auto Parts & Tires - Seoul, SL

HANKOOK TIRE Co., Ltd. engages in the manufacture and sale of tires. Its operates through Automotive Parts and Others Business divisions. The Automotive Parts division provides tires and battery tubes for automobiles. The Others division offers rentals, research and development, services, and others. The company was founded on September 3, 2012 and is headquartered in Seoul, South Korea.

Kumho Tire Co., Inc. Auto Parts & Tires - Gwangju, GW

KUMHO TIRE Co., Inc. engages in the manufacture and sale of tire products. Its operates through tire and non-tire business divisions. The tire business division provides tires for automobiles, all-terrain bicycles, and coastal motorboats, The non-tire division offers renting services. The company was founded on June 30, 2003 and is headquartered in Gwangju, South Korea.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Nexen Tire Corp.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Nexen Tire Corp.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Nexen Tire Corp..
  • be_ixf; php_sdk; php_sdk_1.4.15