New range of Vietnamese tyres from DRC and Duratread
Duratread and DRC, who have been cooperating on sales and marketing projects since 2006, have announced the launch of a new expanded range of tyres coming from Vietnam. The innovative range of products were unveiled at the Latin Tyre Expo from 23-25 July 2014 in Panama City, Panama.
Danang Rubber Joint Stock Company, internationally known as DRC, has just inaugurated Vietnam’s first steel radial truck tire factory with state-of-the-art machines from Europe, Japan and the USA. Built on a totally new greenfield site with room for future expansion and with excellent logistical connections, it will have a capacity of 600,000 tyres per year once fully operational.
Duratread is taking one step ahead and strengthening the partnership with DRC, as it will now take over the sales and marketing activities of the brand for the Spanish speaking countries in Latin America and the Caribbean. The new regional office for this collaboration is located in the hub of the Americas, in Panama.
Vietnam has experienced a dramatic level of growth and modernisation in the last 20 years that is unprecedented in its history. It was recently declared the third largest rubber producer in the world with an output of over 1 million tons and represents a strategic access to the principal raw materials of the rubber industry.