S Korea`s Kolon to invest US$10.6 mln for epoxy plant expansion
Seoul (ANTARA News/Asia Pulse) - South Korea's leading synthetic fiber maker Kolon Industries Inc. (KSE:002020) said Tuesday that it will invest 13.5 billion won (US$10.6 million) to expand its epoxy plant in the southeastern area of the country by the first half of 2010.
The expansion is expected to raise Kolon Industries' annual production capacity of epoxy for electronic materials to 24,000 tons from the current 12,000 tons, Kolon said in a statement.
The plant is located in Gimcheon, 234 kilometers southeast of Seoul.
The expansion is expected to raise Kolon Industries' annual production capacity of epoxy for electronic materials to 24,000 tons from the current 12,000 tons, Kolon said in a statement.
The plant is located in Gimcheon, 234 kilometers southeast of Seoul.