Construction of Tatneft’s new joint venture tyre plant in Kazakhstan has commenced with the installation of the first concrete pillar at the site in Saran. Workers are driving in piles parallel to laying foundations in order to ensure the project’s completion on schedule, and Tatneft anticipates it will inaugurate the factory at the end of next year.
Kama Tyres has commissioned new passenger car and light truck tyre manufacturing equipment at its Nizhnekamskshina plant in Tatarstan. The Tatneft tyre manufacturing business says the two VMI MAXX tyre builders and the Apexer, a unit that automatically assembles freshly extruded apex with a pre-manufactured bead, are now in operation.
In addition to working towards expanding capacity for all-steel truck tyres at its Nizhnekamsk Truck Tyre Factory (NZGSh) by a further 1.2 million units a year, Russia’s Tatneft Group is giving the plant the capability to produce up to 33,000 large-sized industrial and agricultural tyres annually. This project is being financed with a 10 billion ruble (£99 million) loan.
Askar Mamin, the prime minister of the Republic of Kazakhstan, recently hosted the general director of PJSC Tatneft, Nail Maganov, for talks relating the construction of a new tyre factory in Kazakhstan.
Kama Tyres Tatneft’s Nizhnekamsk Truck Tyre Factory has signed an agreement with Siemens to expand the logistics system previously installed within the plant. This work is being carried out as part of the second phase of an expansion capacity project within the facility.
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.
Tatneft’s acquisition of Sibur’s petrochemical plant in Togliatti, Russia has been completed. This concludes the process initiated by the signing of an agreement of intent between the two parties at the end of August 2019.`
Tatneft reports that structural changes have been implemented in its Kama Tyres tyre manufacturing business. The Russian company reports that its OOO Nizhnekamsk Truck Tyres Factory has now joined together with the OOO Nizhnekamsk SSC Tyre Factory. It says the aim of this change is to improve the efficiency of the company’s petrochemical production process management system.
By the middle of the next decade, Russia’s Tatneft intends to sell 16.2 million tyres per annum and achieve a fivefold increase in EBITDA related to tyre sales; this is expected to reach RUB 14.5 billion (£188.7 million) in 2025.
The Kama 385/65R 22.5 NF 202, a solid-steel cord truck tyre manufactured by the Nizhnekamsk SSC Tire Factory, is a winner in the ‘Industrial and Technology Products’ of the ‘Best goods and services of the Republic of Tatarstan’ competition. Parent company Tatneft writes that the tyre was chosen from 449 applications submitted by 207 manufacturers.
Russia’s PJSC Tatneft has entered into an agreement to sell its shares in chemical and synthetic rubber manufacturer PJSC Nizhnekamskneftekhim to the Taif group of companies. The transaction, which will see 402,813,999 ordinary shares, is valued at approximately 32 billion roubles (£422.6 million).
At its annual general meeting of shareholders this month, Russian corporation PJSC Tatneft reported that its various tyre making operations produced a total of 12 million tyres in 2015, including 875,000 solid steel cord tyres. In 2014 the company manufactured 11.64 million tyres, including 745,090 solid steel cord tyres.
Russia’s Tatneft reports that its ‘Nizhnekamsk SSC Tire Factory’ has produced its three millionth solid-steel cord tyre. Commercial tyre production began at the plant in April 2010, and today the Nizhnekamsk facility manufactures 66 types of truck and bus tyres, including products sold under the Kama brand name and 23 tyre specifications made for Continental on an offtake basis. Nizhnekamsk SSC is Tatneft’s largest tyre plant.
Tyres manufactured by Tatneft factories have once again been named winners in the annual ‘Best Goods and Services of the Republic of Tatarstan’ awards contest. Winning products include the Kama NR 202 (size 202 315/70 R22.5) and NF 202 (315/70 R22.5) truck tyres made by the Nizhnekamsk SSC Tire Factory and the Kama Euro 236 (sizes 185/60 R15 and 185/65 R15) passenger car tyres manufactured by Nizhnekamskshina.