Bekaert decides to build steel cord plant in Russia

January 2008
Rubber & Plastics News;1/28/2008, Vol. 37 Issue 13, p19
Trade Publication
The article focuses on the plans of N.V. Bekaert SA to build a steel cord plant in Lipetsk, Russia, to meet the rising demand for tire reinforcements in the country. It mentions that Bekaert plans to spend $140 million on the project, with initial production to begin in 2010. The company chose the Lipetsk region for the plant as it has good logistics, access to energy supplies, and a skilled labor force.


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