Kumho Tire and Blatco Forge 20-Year Tech Licensing Deal for Middle East Expansion

SEOUL, March 4 — In a strategic move to penetrate the Middle Eastern market, South Korea’s Kumho Tire Co. has entered into a 20-year technology licensing agreement with Saudi Arabian tire manufacturer Blatco Co. This partnership is poised to leverage Kumho Tire’s technological prowess in passenger car tires, marking a significant milestone in the company’s expansion…