LIPETSK, Russia—Bekaert Lipetsk (Russia) has recently launched a expansion project at its manufacturing plant in response to growing demand.
The expansion will see production capacity increase by 50 percent at the plant, and is set to be operational by mid-2018, Bakaert said.
The project started in September and is intended to support growth in the tire industry within Russia and the wider CIS.
The Lipetsk plant opened in 2010 and produces steel cord for the tire industry and Dramix fibers for construction markets.