Nokian starts work on Russian tyre plant

From Rubber & Plastics News

Nokia, Finland-Nokian Tyres PLC has broken ground in Vsevolozhsk, Russia, on a tyre plant it expects will be producing tyres by next year. Nokian has budgeted $63.5 million for the factory near St. Petersburg, Russia, which will have a startup annual capacity of 1.5 million passenger car tyres by 2006.

The initial construction phase will yield a facility spanning 22 600 square metres, sufficient to accommodate a capacity of 4 million tyres annually, Nokian said. Capacity will be expanded gradually, eventually…

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