Aekyung Chemical, 27.1 Billion KRW Investment in Chinese Subsidiary
[Asia Economy Reporter Kang Nahum] Aekyung Chemical announced on the 11th that it will invest approximately 27.1 billion KRW in its China-based subsidiary, Aekyung Chemical Industry, a manufacturer of other chemical products.
After the investment, Aekyung Chemical's stake in Aekyung Chemical Industry will be 100%.
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The company stated that the purpose of the investment is "to establish a new PA plant at the local corporation and to expand the plasticizer and polyol plants."
This content was produced with the assistance of AI translation services.
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