 Home > Chemicals Industry > Rubber Plastic News > Qingdao Shuangxing increases capital in Kumho Vietnam to expand overseas tire production capacity

Qingdao Shuangxing increases capital in Kumho Vietnam to expand overseas tire production capacity

 Last Update: 2022-08-27
 Source: Internet
 Author: User

Tags

invest company

international cellulose

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On March 11, Qingdao Shuangxing announced that the company will invest US$92.
3 million in Kumho Vietnam to expand the production capacity of Kumho Tire's Vietnam plant

The announcement shows that in order to further leverage the advantages of Kumho Tire and enhance the synergy between Doublestar and Kumho, Qingdao Doublestar invested US$92.
3 million to increase capital in Kumho Vietnam through its wholly-owned subsidiary Hong Kong Doublestar International Industry Co.
, Ltd.
To expand the production capacity of Kumho Vietnam tires, so as to better jointly cope with trade barriers, invest in developing overseas markets, and enhance international competitiveness

Qingdao Shuangxing said that Doublestar has held Kumho Tire for nearly three years, and the strategic synergy between the two parties has become more and more closely, achieving coordinated development, mutual benefit and win-win results in R&D, production, market and other aspects

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

CHEMNOX AN-626;Bis(2.4-di-t-butylphenyl)Pentaerythritol Diphosphite;

CAS No.: 26741-53-7

$6-6.5/KG FOB

Maleic anhydride 99% Stand out

CAS No.: 108-31-6

Industrial Grade

$400-500/MT FOB

TiO2 titanium dioxide price titanium dioxide tio2 factory

CAS No.: 13463-67-7

Food Grade

$1-1.2/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

announcements today(81)

80 20 company(94)

united states logo(227)

single use technology(195)

healthy food name(42)

ups united states(221)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.