Production of tyres for commercial vehicles grew by 41.8 percent; production of tyres for other applications including buses grew by 53.4 percent.
With the support of “Sibur – Russian Tyres’ production has shown an impressive growth of the Kirov and Voronezh tyre plants. Compared with the first half of 2010, their output in January-June 2011 increased more than twofold, to 4.45 million tyres.
In the first half of 2011 Holding “Sibur – Russian Tyres” financed investment of 1.2 billion rubles., Mainly to complete the project on creation of the production of modern all-steel truck tyres for a capacity of 650 thousand tyres per year.
Press release from Sibur-Riussian Tyres (Russian language)
Above Press release from source
Incoming search terms:
You can find more and more rubber news at:
Rubber Markets News, Rubber Prices Reports, Rubber Market Analytics & Outlook Reports