Kolon Industries Invests 236.9 Billion KRW to Expand Aramid Production Line
[Asia Economy Reporter Gong Byung-sun] Kolon Industries announced on the 24th that it has decided to invest in expanding the aramid production line at its Gumi plant, worth 236.9 billion KRW, due to increased demand for aramid used in 5G cables and ultra-high-performance tires.
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This investment amounts to approximately 10.34% of its equity capital.
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