Hailide to invest $52M in Vietnam tire cord fabric plant expansion

Zhejiang Hailide New Material announced an investment of about $52 million to build a 18,000-ton-per-year high-performance tire cord fabric plant in Tay Ninh, Vietnam, as an expansion of its existing Vietnam base.

“The company plans to invest about US$52 million to implement the annual output of 18,000 tons of high-performance tire cord fabric Vietnam (Phase I) project”ctc.webtex.cn

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