Vietnam the JCS Southern Rubber create a new tire plant

Large-scale factory in Binh Duong Province of Vietnam JSC Southern Rubber Industry Company (Casumina) recently broke ground. The plant will produce all-steel radial passenger tire and light truck tires. The company said the tire factory investment of 3.38 trillion VND (about 123 million euros), to 1 million per year in 2017 will form the tire production capacity. A project completed in 2013, the formation of the the 350,000 annually tire capacity; annual production capacity of 600,000 tires, Phase II project is expected to be completed in 2015; three projects completed in 2017, and then reach an annual capacity of 1 million tires.

Vietnam JSC Southern Rubber Industry Company, said that the company has won the support of U.S. investors $ 160 million but supporters of anonymity. A large proportion of the new tire plant capacity will be exported to the United States through investment or distributors.

Source: China Chemical Industry News

Translated by Google Translator from http://english.chem99.com/news/ListLast.aspx?lmid=4&pid=24

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