Kolon Industries to Expand Tire Cord Plant in Vietnam

SEOUL, Jan. 12 (Korea Bizwire) — Kolon Industries, a South Korean industrial materials company, said Tuesday it will expand its tire cord plant in Vietnam to increase exports of the product from the Southeast Asian country. Kolon Industries will invest 68 billion won (US$62 million) in its wholly owned Kolon Industries Binh Duong Company Ltd. [...]