Kazakhstan JV tyre plant nears completion

Russian energy company Tatneft reports that manufacturing equipment is now being installed within the KamaTyresKZ joint venture tyre plant in Kazakhstan ahead of the facility’s commissioning with an initial capacity to produce 3 million car tyres and 500,000 truck tyres annually. A second project phase will add capacities for rubber products such as conveyer belts, and Partners Tatneft and Allur intend for agricultural tyres to join the KamaTyresKZ production programme in the third phase of plant development.

Nail Maganov, general director of Tatneft, recently hosted Kazakhstan’s President Kassym-Jomart Tokayev at the KamaTyresKZ plant site. Maganov stated that Tatneft “has a long-standing partnership with Kazakhstan.” He added: “Through joint efforts, we are implementing the strategy of economic integration of the Eurasian Union, developing new modern production facilities, creating jobs, and improving the quality of people’s lives.”