Kolon Industries invests KRW 70 billion. What it means for Kolon Industries stock
Published on 10/25/2026 at 02:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSVietnam expansion and earnings
- Kolon Industries broke ground in Vietnam on October 21, 2026, with a KRW 70 billion investment.
- Second-quarter 2026 revenue reached KRW 1.36 trillion.
- Kolon Industries stock was last at KRW 41,650 on October 23, 2026.
- Factory completion is scheduled for June 2027, with deliveries beginning in January 2028.
Kolon Industries (ISIN KR7120110002) is investing KRW 70 billion in a Vietnam airbag-fabric plant, with production scheduled for 2028, according to The Herald Business on October 21, 2026. The project gives the industrial-materials company a concrete expansion path in automotive safety products.
Vietnam adds production capacity
The factory in Ho Chi Minh City is scheduled for completion in June 2027, with deliveries to Autoliv set to begin in January 2028. The Asia Business Daily reported that Kolon Industries expects the plant to generate more than KRW 50 billion in annual sales from 2030, compared with the KRW 70 billion construction investment.
The site will combine weaving, processing and coating, allowing Kolon Industries to produce airbag fabric and cushions in one local system. The project follows a supply contract with Autoliv signed in December 2025, linking the investment to an established customer relationship.
Three dates show the strategy
On October 13, 2026, Kolon Industries presented low-carbon plastics and an artificial-intelligence molding platform at FAKUMA in Germany, with initial product analysis cut from four hours to four minutes, according to The Asia Business Daily. On October 21, 2026, it broke ground on the KRW 70 billion Vietnam plant, and on October 23, 2026, its subsidiary Kolon Glotech completed a KRW 40 billion sale of artificial turf and car-mat operations, according to BizHankook.
What does the 2030 sales target mean?
The planned KRW 50 billion-plus annual sales target would make the Vietnam facility a measurable contribution to Kolon Industries' automotive-materials growth from 2030. The company reported second-quarter 2026 revenue of KRW 1.36 trillion and earnings of KRW 64.92 billion, figures also displayed by Yahoo Finance. That combination puts the plant in context: it is a capacity investment tied to future deliveries, not a current-quarter revenue item.
Next milestones are dated
The next operating milestones are June 2027 for factory completion and January 2028 for initial Autoliv deliveries. The sales target begins with full-scale deliveries in 2030, giving investors a long lead time before the project can materially affect reported revenue.
KRX price and company scale
Kolon Industries was last at KRW 41,650 on the KRX on October 23, 2026 at 3:30 p.m. KST. Its 52-week range was KRW 33,900.00 to KRW 104,900.00, while market capitalization stood at KRW 1.2 trillion as of the same date. The business spans industrial materials, chemicals, films and electronic materials, and fashion.
Kolon Industries at a glance
- Company: Kolon Industries, Inc.
- ISIN: KR7120110002
- Ticker: 120110.KS
- Primary exchange: KRX
- Last KRX price as of October 23, 2026, 3:30 p.m. KST: KRW 41,650.00
- Market capitalization: KRW 1.2 trillion (as of October 23, 2026)
- 52-week range: KRW 33,900.00-104,900.00 (as of October 23, 2026)
- Sector / Industry: Industrials / Manufacturing - Textiles
Market context: Market report KOSPI.
