HUCHEMS Decides on New Investment of 98.7 Billion KRW to Establish MNB Plant
[Asia Economy Reporter Jang Hyowon] Huchems announced on the 26th that it has decided to make a new investment of 98.7 billion KRW to establish a Mononitrobenzene (MNB) plant.
This investment corresponds to 14.4% of the company's equity capital as of the end of last year, with the investment period lasting until June 30, 2023.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
The company stated, "We decided to establish the plant due to increased demand from customers," and added, "We expect an increase in sales and profits through this."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
