A ceremony was held on 5 April to commemorate the start of work to build the KamaTyresKZ tyre factory in Saran, Kazakhstan. The plant, a joint venture between Russia’s Tatneft Group and the Kazakhstan-based AllurGroup, is being set up at a cost of US$284 million. Construction is scheduled to be complete in 2022 and the facility will be capable of producing 3 million passenger car tyres as well as 500,000 solid steel cord tyres a year.
PJSC Tatneft and JSC Allur Group of Companies are establishing a joint tyre manufacturing facility in Kazakhstan. The factory will produce passenger car, light truck and truck tyres. The planned production capacity is 3 million passenger and light truck tyres as well as 0.5 million truck tyres per year. Production is expected to start in 2022. The project will create about 800 jobs, according to Tatneft.