The company says this leads to a comfortable and smooth ride. The up to 95% recyclable tire, made from highly elasticated polyurethane synthetics, is manufactured in conjunction with its rim. The company says the tire consumes less energy while rolling and it does not require air. This in turn results in lowering fuel consumption while simultaneously increasing vehicle safety. There also is a wide selection of colors that can be applied to the center frame, outer layer and inner structure. Company holds grand opening for 7th tire plant Hankook Tire Co. Ltd. celebrated the grand opening of its seventh global tire plant in Indonesia last month. The plant is located in Lippo Cikarang, Bekasi, West Java, and will act as an export base for the North America and Middle East markets as well as a regional business hub for the emerging Asian market, reaching the production capacity of 6 million tires per year.