According to BelTA, the Belarusian Telegraph Agency, local tiremaker OAO Belshina intends to increase capacity at its giant tire facility and add 57- and 63-inch radials to its production portfolio.
Company representatives told BelTA that the project will increase the product range and output of low soil compaction wide-section radials for powerful, self-propelled agricultural machinery. The expansion will reportedly increase agricultural tire output by 84,000 units per annum while increasing productivity.
The project is said to require an investment of 44.8 million euros, 42.6 million euros of which Belshina plans to borrow as loans or direct investments. BelTA says the payback period is estimated at 8.4 years, and interested parties have already contacted the company. The company plans to buy high-tech equipment and production tooling, with items imported from Germany, Slovakia, the Czech Republic and China. (Tyres & Accessories)