GENERAL Beltings Holdings (GB) says it expects to increase its market share backed by anticipated local demand created by the ongoing Russia-Ukraine conflict, which has led to logistical constraints.
The rubber manufacturer’s chairman, Godfrey Nhemachena, said the company was taking advantage of the supply chain disruptions caused by the conflict by intensifying market consolidation.
“The optimism that emerged following the mitigation of the Covid-19 pandemic has quickly faded given the Russia-Ukraine conflict that threatens to plunge the world into chaos, particularly the sources of primary raw materials,” he said in a statement accompanying the group’s financial results for the year to December 31
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