Reports: Belshina discussing Yokohama JV
Belarusian OTR tyre manufacturer is reportedly discussing the establishment of a joint venture with Japanese tyremaker Yokohama. According to the local Belarusian Telegraph Agency (BelTA), talks were held during a visit from a delegation of Yokohama’s executives led by chairman and representative member of the board Tadanobu Nagumo. BelTA cited representatives of Belarusian state petrochemical concern Belneftekhim as its source.
During the visit to Belarus, Yokohama’s representatives were reportedly “made familiar” with Belshina’s manufacturing capacities and visited three tyre plants.
Belshina’s general director Alexei Yakovlev made a presentation about the company and spoke about major investment projects carried out by Belshina. The sides discussed the ways to promote Yokohama’s products via Belshina’s distribution network and set up a joint Belarus-based venture.