UPDATE 1-S.Korea tyremaker Nexen to build $829 mln plant

Newswire

* To meet 6 pct annual growth in global tyre demand * Expects benefits from U.S. duties on China tyre products (Adds details from company statement) SEOUL, Sept 28 (Reuters) - South Korea's Nexen Tire will invest 1 trillion won ($829 million) in a new domestic plant to meet growing demand, seeing benefits from a U.S. decision to slap steep duties on tire imports from China. The investment to be made by 2017 will place it among the world's top 10 tyre makers, more than doubling annual ...

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