Lower costs the aim of Nizhnekamsk SSC, Thai Eastern raw material agreement
A direct pay contract signed between Russian corporation Tatneft and Thai Eastern Rubber is hoped to reduce the procurement costs associated with raw materials for tyres. The agreement was signed following a Thai Eastern Group delegation visit to the Nizhnekamsk SSC tyre plant and Kama Research and Technology Center in Russia; this visit and meeting was initiated by OOO Tatneft-Neftekhim Management Company under the scope of implementing company policy of entering into direct pay contracts with raw material producers.
The Thai Eastern Group delegation was headed by company founder Mr. Somchai Kokanutaporn and included Mrs Sinenush Kokanutaporn, director of sales and exports, and Mr. Kittisakom, a representative of the Export-Import Bank of Thailand and Head of Business Development in Eastern Europe.
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