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Nizhnekamskshina to Build Truck Tyre Factory

(Clacton, U.K./Tyres & Accessories) Radik Ilyasov, CEO of Russian tyre maker Nizhnekamskshina, has described the company’s plans to build a new $180 million truck tyre manufacturing plant.

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Iiyasov told CentreInvest analysts that the company will build the plant by 2009, and it will be capable of producing 600,000 radial tyres a year.

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The project will involve foreign participation, either through a joint venture or via a licensing arrangement. In line with this, Nizhnekamskshina intends to complete its reconstruction of a $180 million rubber mixing line by 2007.

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