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TATNEFT will organize tire production in Kazakhstan

An agreement of intent and a roadmap for the implementation of the joint project were signed in Nizhnekamsk by the heads of the Kazakh and Russian companies.
Group of Companies "Allur" and Tatneft will create a joint production of tires in Kazakhstan. Andrey Lavrentyev, the Chairman of the Allur's Board of Directors, and Nail Maganov, the General Director of Tatneft, signed an Agreement of Intent and a roadmap for the implementation of a project to build a tire manufacturing plant in the Republic of Kazakhstan. The signing was attended by Deputy Prime Minister of Kazakhstan Roman Sklyar and Prime Minister of Tatarstan Alexey Pesoshin.

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It is assumed that for the implementation of the project, the Allur Group of Companies and Tatneft will establish a joint venture. The project envisages the construction of a new plant for the production of passenger car, light truck and truck tires in Kazakhstan. The planned capacity of the enterprise is 3 million passenger and light truck tires, as well as 0.5 million truck tires per year. Production is expected to start in 2022. The project will create about 800 jobs, taking into account related industries.

Car tires will be sent to the primary equipment of cars produced in Kazakhstan, the secondary market, as well as for export to neighboring countries.

“For several years, the Kazakhstan car industry has been leading in terms of growth in the industry and occupies one of the most important areas in the machine building of the Republic of Kazakhstan. Development prospects and the possibility of entering the markets of the EAEU and neighboring countries continue to attract new technologies and investments to the country. The creation of our own automotive component base, in particular, the production of tires is one of the most important stages in the development of the industry, which will make it possible to take a serious step in increasing the localization of products of Kazakhstani factories, "said Andrey Lavrentyev, Chairman of the Board of Directors of the Allur group of companies.

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“For Tatneft, the creation of a new production facility will be another step towards strengthening the tire complex. We are proud that our competencies in the field of tire production are in demand not only in Russia, but also abroad, and we will be happy to contribute to the development of the automotive industry in Kazakhstan," said Nail Maganov, General Director of TATNEFT.