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Article: S KOREA'S HYOSUNG, KOLON TO ENTER CHINA'S TIRE-CORD MARKET.
- Article from:
- AsiaPulse News
- Article date:
- March 25, 2004
CopyrightCOPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SEOUL, March 25 Asia Pulse - Hyosung Corp. (KSE:004800) and Kolon Industries Inc. are scheduled to start operations of their respective tire-cord fabric plants in China this year, signaling full-scale South Korean inroads into the Chinese tire market, industry watchers said today.
Hyosung said it is planning to complete the construction of a polyester tire-cord fabric plant in Jiaxing City of Zhejiang Province by the end of this year. Prior to the dedication of the 8,400 ton-a-year plant, Hyosung will start operations of parts of its facilities ...