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Hyosung, Kolon seek legal remedies to seize lead in tire cord market

Hyosung, Kolon seek legal remedies to seize lead in tire cord market

Hyosung and Kolon have filed lawsuits against each other recently in attempts to take the lead in the global tire cord market amid the growing demand for fabrics used to reinforce tires of electric vehicles (EVs), according to industry officials, Tuesday.

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