Korean firm expands tyre cord plant in Vietnam
South Korean industrial materials producer Kolon Industries is to expand its tyre cord plant in Vietnam to increase exports from the Southeast Asian country.
The company will invest KRW68bn (US$62m) in its wholly-owned Kolon Industries Binh Duong to help the Vietnamese subsidiary expand the plant by September 2022.
For the full story, see the February 2021 editions of MobileTex and Textiles South East Asia.