With global demand for its specialty tyres on the rise, Sri Lankan off-highway tyre maker GRI is expanding its manufacturing capacity through a range of projects, including construction of a new mixing plant in Mirigama, 40 miles east of Colombo. GRI is investing US$25 million to set up the facility, which will have a capacity of 200 tonnes a day.
GRI Tires reports that the second phase expansion of its new production facility, which began in January 2021, is progressing well despite the challenges posed by the current lockdown in Sri Lanka. It is building the new and advanced specialty tyre manufacturing plant next to the current facility with a total investment of US$100 million.
Global demand for natural rubber is outpacing supply, so stakeholders in the global tyre industry need to ensure sustainability is a guiding ethos in its operations, GRI states. The Sri Lankan manufacturer says sustainability in sourcing, production and disposal are key to its goals.
Sri Lankan industrial tyre maker Global Rubber Industries, or GRI, has laid the foundation for its new off-road tyre factory. Groundbreaking took place 4 January and marks the start of construction on a plant that will be built with an investment of US$40 million. The facility will be built adjacent to GRI’s current solid industrial tyre factory in Badalgama, Sri Lanka.