# Kolon Industries opens $220M polyester tyre cord fabrics plant in Binh Duong

Kolon Industries Binh Duong Co. Ltd inaugurated a plant in Bau Bang industrial park, Binh Duong province, Vietnam, on September 18, 2018, to manufacture polyester tyre cord fabrics. The plant cost US$220 million and has an initial capacity of 1,400 tonnes per year.

- Type: New facility
- Announced: 2018-09-18
- Where: Bau Bang industrial park, Binh Duong province, Vietnam
- Value: $220.0M
- Starts operating: 18 Sep 2018
- Status: completed
- Capacity: 1,400 tonnes of fabrics per year
- Products: polyester tyre cord fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Kolon Industries](https://endata.com/companies/25976.md)

## Sources

- [english.vov.vn](https://english.vov.vn/en/economy/roks-polyester-tyre-cord-fabrics-plant-inaugurated-in-binh-duong-383649.vov), 2018-09-19: "The Republic of Korea’s Kolon Industries Binh Duong Co. Ltd opened a plant in the southern province of Binh Duong on September 18 to manufacture polyester tyre cord fabrics."

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