Local contractor wins Iranian tire project

Tehran – After a lull of over a year, new tire production projects in Iran have seen advances during the past few weeks, with, most recently, a local contractor winning a €200-million construction deal.

Gostaresh Tire Razi Co. (GTRC), which is one of the four greenfield tire projects Iran announced in 2015, awarded the project to semi-state-owned EPC contractor Sabir on 27 Dec.

To be constructed in western…

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