Members unit

On the afternoon of March 19, 2026, at the headquarters of Southern Rubber Industry Joint Stock Company (CASUMINA), a contract signing ceremony was held for the package titled “Construction, procurement, installation, commissioning, and acceptance of PCR tire production equipment.” This is a critical component with decisive significance for the relocation project of the Dong Nai Rubber Enterprise, aligned with the goal of increasing passenger car radial (PCR) tire production capacity.

Attending the ceremony were representatives from the Vietnam National Chemical Group (Vinachem), including Mr. Nguyen Tuan Minh, Member of the Members’ Council, along with functional departments directly overseeing the project implementation. On the investor’s side, Mr. Nguyen Dinh Khoat, CEO of CASUMINA, together with the company’s leadership, carried out the signing ceremony with the Nam – Bac contractor consortium.

The contract package is valued at approximately VND 281 billion, aiming to increase output by an additional 600,000 PCR tires per year. This step has been carefully prepared and is part of CASUMINA’s roadmap to restructure production and enhance competitiveness amid rapid changes in both domestic and international tire markets.

From a strategic perspective, the relocation of the Dong Nai Rubber Enterprise is not only a requirement of urban planning but also an opportunity for the company to reorganize its entire production system in a more streamlined and modern direction. Notably, the project enables CASUMINA to focus on developing PCR tires—a segment that is becoming a key growth driver for the industry.

Once completed, the project will enhance the company’s capacity to fulfill large orders and ensure production stability. This is particularly important in the context of export markets, especially the United States, which still offer growth potential but come with increasingly stringent technical requirements.

At the ceremony, representatives of the contractor consortium committed to mobilizing maximum resources to ensure project completion within 300 days, while strictly complying with quality and safety standards—key factors determining the project’s effectiveness.

In his remarks, Mr. Nguyen Dinh Khoat emphasized: “This is not merely an equipment investment project, but a significant step that will enhance CASUMINA’s competitiveness and readiness to meet increasingly demanding international market standards.”

The signing and implementation of this contract are expected to lay the foundation for CASUMINA to expand capacity, gradually reposition its role in the tire industry value chain, and move toward a new phase of strong growth in the coming years.