# Indorama Ventures expands tire-cord fibers manufacturing in Kaiping, China

Indorama Ventures held a ribbon-cutting ceremony for the expansion of its tire-cord manufacturing line at the Performance Fibers facility in Kaiping, China, adding 60,000 tonnes per year capacity. The new line is expected to start in early 2018.

- Type: Expansion
- Announced: 2017-01-25
- Where: Kaiping, Guangdong Province, China
- Starts operating: Q1 2018
- Status: under construction
- Capacity: 60,000 tonnes per year
- Products: tire-cord fibers
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Indorama Ventures](https://endata.com/companies/3457.md)

## Sources

- [beta.indoramaventures.com](https://beta.indoramaventures.com/news/press-releases/indorama-ventures-expands-tire-cord-fibers-manufacturing-in-kaiping), 2017-01-25: "held a ribbon cutting ceremony to mark the expansion of its tire-cord manufacturing line at Performance Fibers facility in Kaiping"
- [in.marketscreener.com](https://in.marketscreener.com/quote/stock/INDORAMA-VENTURES-6500933/news/Indorama-Ventures-PCL-Expands-Tire-cord-Fibers-Manufacturing-in-Kaiping-23756907/), 2017-01-26: "Today is another milestone for IVL. This investment represents the continuation of IVL's strategy to increase and strengthen its presence in the high value-added (HVA) automotive safety market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.