CEAT to open Rs 600 million radial plant
CEAT Kelani Holdings has invested Rs 600 million on a plant to
produce high-end radial tyres. The plant has been built within the
sprawling CEAT Kelani manufacturing complex at Kelaniya, enabling it to
seamlessly augment production of CEAT branded tyres for the domestic and
export markets, company sources said.
A section of the new radial plant
When production begins this month, CEAT Kelani will increase its
radial tyre building and curing capacity by 70 percent, from 23,000
tyres per month to 39,000.
"This new investment represents a landmark in the growth and
evolution of CEAT as one of Sri Lanka's top tyre brands, not only in
terms of volume, but in terms of product range and quality as well,"
CEAT Kelani, Managing Director and CEO Raman Rajagopalan said.
"The addition of manufacturing capacity is accompanied by investments
in new machinery and equipment that can ensure a quantum leap in quality
improvements and products for new tyre categories that will move the
brand up the value chain," he said. New technology for the new plant
include the latest bead apexing machine, cap ply and cap strip machine
and improved tyre building machines and curing presses to produce a new
grade of high performance radials in larger sizes for high end cars,
The use of segmented moulds instead of two-piece moulds will help
manufacture high quality block-pattern radial tyres for high-end Sports
Utility Vehicles (SUVs) and off-road vehicles, CEAT Kelani Vice
President - Sales and Marketing, Ravi Dadlani said, adding that the new
plant will also produce key high end sizes such as the 235/70 R 16, the
195/65 R 15 and the 185/65 R 15.
Of CEAT's total monthly production of 1,450 tons, about 500 tons or a
third is exported to markets in South Asia, the Middle East, the African
continent and many other countries.