# Hailide to build $52M tire cord fabric plant in Vietnam

Zhejiang Hailide New Materials Co., Ltd. announced a new project in Vietnam to produce high-performance tire cord fabric, with an initial investment of about $52 million. The plant will have an annual production capacity of 18,000 tons.

- Type: New facility
- Announced: 2023-08-01
- Where: Vietnam, Vietnam
- Value: $52.0M
- Status: announced
- Capacity: 18,000 tons per year
- Products: high-performance tire cord fabric
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Zhejiang Hailide New Materials Co., Ltd.](https://endata.com/companies/71752.md)

## Sources

- [tanhei.com](https://www.tanhei.com/news/enterprise/202308/30958.html), 2023-08-01: "海利得将在越南启动新的高性能轮胎帘子布项目，这标志着该公司在进一步实现国际化产能布局上迈出了重要一步。"

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