Vietnam’s rubber firm exports tyres to US
The Southern Rubber Industry JSC (Casumina) on January 5 reached an agreement with its US partner to export tyres to the US market in 2015, according to the Sai Gon Giai phong (Liberated Sai Gon) newspaper.
Accordingly, Casumina will ship 200,000 tyres worth US$57 million to the US from now to the end of the year.
Representative from the rubber company said in an attempt to obtain the order, the company has invested in technology and equipment to produce all-steel radial tyres.
Casumina is one of the leading domestic makers of car tyres in Vietnam. The company put into operation an all-steel radial truck tyre factory in the southern province of Binh Duong last April.
The VND3.38 trillion (US$161 million) factory, the most modern of its kind in Vietnam, was co-invested by the Vietnam National Chemical Group (Vinachem) and Casumina, and is capable of producing 1 million units per year.
Representative from the rubber company said in an attempt to obtain the order, the company has invested in technology and equipment to produce all-steel radial tyres.
Casumina is one of the leading domestic makers of car tyres in Vietnam. The company put into operation an all-steel radial truck tyre factory in the southern province of Binh Duong last April.
The VND3.38 trillion (US$161 million) factory, the most modern of its kind in Vietnam, was co-invested by the Vietnam National Chemical Group (Vinachem) and Casumina, and is capable of producing 1 million units per year.