Kumho Tire Sells Natural Rubber Factory in Vietnam
[Asia Economy Reporter Changhwan Lee] Kumho Tire recently signed a sales contract with Hyundai Tankong for its natural rubber processing plant in Vietnam and announced on the 23rd that it plans to complete the sales process by the first half of this year.
The rubber plant in Vietnam, completed in 2007 with an investment of 4 million dollars by Kumho Tire, has the capacity to process natural rubber sufficient to produce 6 million tires.
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Kumho Tire explained that it decided to sell the plant to focus solely on its core business of tire sales and production.
This content was produced with the assistance of AI translation services.
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