South Korea’s Kolon Industries opens tire cord plant in Vietnam

Seoul – South Korean industrial materials and chemicals supplier Kolon Industries has started production at a new tire cord manufacturing plant in Vietnam’s Binh Duong Province, north of Ho Chi Minh City.

The facility will have the annual capacity to produce 16,800 tonnes of polyester tire cord fabrics, bringing the group’s overall production capacity to 93,800 tonnes globally, Kolon said in an blog post in Korean language on 18 Sept.

The new plant, a two-hour drive north of Ho Chi Minh City, will supply to tire makers…

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