Barez unveils new greenfield tire project in western Iran
14 Oct 2024
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Tire maker also announces expansion programmes at existing sites, new reclaimed rubber project
Tehran – Barez Industrial Group, Iran's top tire manufacturer, has unveiled a series of investments, including the construction of a new greenfield manufacturing plant and capacity expansions across its existing sites.
The company has started construction work on a new production facility in Aligoudarz, in Iran’s western province of Lorestan, Barez confirmed to ERJ 9 Oct.
Set for completion in July 2025, the unit will have the capacity to produce 15 kilotonnes per annum (ktpa) of truck & bus radial tires and light truck tires.
In its second phase, the Lorestan plant will increase production capacity to 35ktpa, to be completed by March 2027.
In addition to the new factory, Barez is also expanding its existing manufacturing sites in Kerman, southern Iran and Kordestan, to the northwest of the country.
At its flagship Kerman facility, the tire maker is planning to increase production capacity for passenger car, SUV, TBR and off-road tires to 26ktpa by March next year.
By March 2027, the production capacity is to be increased by another 18ktpa, brining the total production capacity to over 135ktpa across all tire types. (ERJ report)
In Sanandaj, Koredestan, Barez is almost doubling production capacity for PCR and SUV tires at the site which was opened in 2017. (ERJ report)
The project aims to increase capacity by an overall 30ktpa to 66ktpa by March 2027, in two phases.
In addition to the said projects, Barez is also pursuing a 10ktpa reclaimed rubber project in Sirjan, in Kerman, which the company expects to further its sustainability goals.
That project, Barez said, is scheduled to be completed by September next year.
Barez expects the overall cost of all projects to be over €250 million.
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