TEHRAN, Iran—Kavir Tire Co. has launched a $25 million expansion plan to increase production capacity by 50 percent at its manufacturing facility in the eastern city of Birjand.
The project, 65 percent complete, will increase output capacity by 14,000 metric tons per annum (14 ktpa) to 45 ktpa by March 2023, said Mohammad Ghorbani Golparvar, head of sales and marketing in a statement to European Rubber Journal.
"The expansion project will include the addition of SUV tires, based on local technology," the company official said.