GRI

GRI has completed phase II of its $100 million production capacity upgradation investment for its specialty tire facility in Sri Lanka, increasing capacity by almost 100% to 60 tons per day. Phase III is underway to reach 750,000 tires per year.

GRI is constructing a new mixing plant in Mirigama, Sri Lanka, with a capacity of 200 tons per day and an investment of $25 million. Two of six mixing lines are operational, with completion planned for mid-2022.