Nizhnekamskshina aiming for 11.5M tyres in 2013

On 14 June, Russian tyre maker Nizhnekamskshina held its annual general meeting in Nizhnekamsk, Tatarstan. Shareholders were told that the company was developing and had “maintained a stable position as one of the tyre industry leaders in 2012,” and that of the 41.85 million tyres produced in the Russian Federation last year, 10.31 million, or 24.6 per cent, were manufactured by Nizhnekamskshina. The production plan for 2013 sets out a target output of 11.54 million tyres, a year-on-year increase of 11.9 per cent.

A stated priority for the Tatneft-owned tyre maker last year was the renewal of its product portfolio; Nizhnekamskshina reported that it began producing seven new tyre models during 2012, and so-called ‘innovative’ products now account for 20.8 per cent of total output.

“The past year can be characterised as a year of further modernisation of the tyre production,” shared a Nizhnekamskshina account of the meeting. “Starting from the second quarter of 2012 the company has been implementing a project to increase Kama Euro and Viatti tyre production by 1,300,000 pieces, which will bring their production to 4,500,000 tyres per year. In addition, major investment projects were implemented, such as process equipment modernisation and the provision of own domestic potable and process water for the JSC Tatneft petrochemical complex.”