Leading global off highway tyre manufacturer
The Indian company says the facility will stretch over approximately eight hectares within the BKT production site at Bhuj, in the Indian state of Gujarat.
A US$23 million (€19.5 million) investment has been earmarked for BKT’s backward integration project within its supply chain, and the new plant will continuously provide raw material for the increasing tyre production.
The group says the carbon black plant is another step forward in the company’s middle-and-long-term strategy, which started with setting up the Bhuj site.
Inaugurated in 2015, extending over an area of 120 hectares, and having had a cost of $500 million, Bhuj boasts state-of-the-art production facilities and machinery. It is located in a strategic position in proximity to the commercial port of Mundra, which has already been an important logistic hub for BKT’s exports.
The Bhuj site was established to meet the ever-increasing demand for tyres on a global scale.
The new carbon black plant, with an estimated capacity of 60,000tonnes/year, will further support BKT’s ability to invariably satisfy this demand.
This plant will enable the company to even better ensure raw material qualities thanks to the now even more accurate controls at the beginning of the entire manufacturing process.