Manuli in talks to set up hose plant in Belarus
ERJ staff report (DS)
Minsk - Manuli Rubber Industries is in talks to set up a hose joint venture in Belarus. A press release from the Belarus Telegraph Agency said Manuli is in talks with Legmash, a unit of the Belarusian Steel Works, to set up a joint venture in Belarus to make high-pressure hoses for mechanical engineering.
The release did not give details of capacity or investment, but said, “According to preliminary calculations, the capacity of the new enterprise will be enough to fully meet the domestic demand and export more than 50% of produce.â€
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Press release from Belarus Telegraph Agency.
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