Iran tire production up by 12%

Published October 3rd, 2004 - 02:00 GMT
Al Bawaba
Al Bawaba

In the past five months of the current year (March 20 – August 21), Iranian factories produced 81,000 tons of tires, registering a 12% growth in comparison with the similar period last year.  

 

Managing director of non-metal industries in the Ministry of Industries and Mines, Hassan Ayoubi Mehrizi added that last year’s production output, which amounted to 189,000 tons, had also recorded 81% increase. 

 

Tire imports this year went down by 8%. “We bought more than 24 thousand tons of different types of tires in the first five months of the year, around 80% of which from the UAE”, Ayoubi told MNA.  

 

In the five-month period, Iran exported 3,600 tons of tires, worth of $4.5 million, say a 21% growth in weight and 45.6% increase in value against the corresponding period last year. (menareport.com)

© 2004 Mena Report (www.menareport.com)