Kolon Industries to expand tire cord plant in Vietnam with $300B investment

Kolon Industries announced it will invest approximately 30 billion Korean won to add tire cord heat treatment equipment at its Vietnam plant, using idle equipment from its closed Nanjing, China factory. The expansion will increase annual tire cord production capacity from 36,000 tons to 57,000 tons. The new production line is expected to start operations in January 2027.

“可隆工业公司将投资约300亿韩元,在越南工厂追加轮胎帘布热处理设备。”mk.co.kr

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• mk.co.kr可隆工业公司将中国国内的闲置设备转移到越南,扩大轮胎帘布工厂的生产能力。14日,可隆工业表示,将投资约300亿韩元,在越南工厂追加轮胎帘布热处理设备。此次扩建利用了位于中国南京的轮胎帘布工厂的闲置设备.. - MKHAN Jaebeom jbhan@mk.co.krJan 14, 2025

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