Sibur-Russian Tyres Willing to Enter Minority Partnership With Leading Manufacturer
Sibur-Russian Tyres director Igor Karavaev has spoken of the company’s willingness to enter into a joint venture partnership with a leading tyre manufacturer for the production of passenger car tyres in Russia. No particular names have been mentioned in relation to the possible deal, but it is the first time Sibur-Russian Tyres has suggested that it would be willing to work in partnership with another leading manufacturer as a minority shareholder. Karavaev, Sibur-Russian Tyres’s Russian strategy and business development director, didn’t mention any particular parties but suggested that Japanese, Korean or European manufacturers may be interested in such an opportunity. Speaking at Brityrex International in Manchester this week, Karavaev told Tyres & Accessories that Sibur-Russian Tyres would also be interested in developing similar partnerships for the production of aircraft and giant OTR tyres. For the full story see the June issue of Tyres & Accessories.