Yuhan-Kimberly to Invest Approximately 143 Billion KRW in Advanced Nonwoven Fabric Equipment by Next Year

Jin Jae-seung, CEO of Yuhan-Kimberly

[Asia Economy Reporter Donghyun Choi] Yuhan-Kimberly announced on the 29th that it will pursue approximately 143 billion KRW in new investments over two years starting this year.

This investment was made to secure new growth engines and a supply base for innovative products in the household goods and B2B (business-to-business) sectors. In particular, with the confirmation of about 43 billion KRW worth of new nonwoven fabric equipment investment this month, large-scale equipment such as the Kimcheon Plant Tissue No. 10 and the Daejeon Plant tampon production facilities, which are already underway, will accelerate investments aiming for product production in 2023.

The new nonwoven fabric equipment, scheduled to be fully operational in early 2024, will be capable of producing up to 12,000 tons of high-quality nonwoven fabric annually. It realizes ultra-fine fibers of 1 denier, which is 1/100 the thickness of a human hair, significantly enhancing strength and flexibility. Additionally, using this fabric in products can reduce plastic usage by 20% and greenhouse gas emissions by 20%. Yuhan-Kimberly explained that this also contributes to achieving ESG (Environmental, Social, and Governance) management goals.

The high-quality nonwoven fabric produced by this equipment is expected to supply about 85% to the domestic market and about 15% for export, including to Asian regions. It will also be used as a key material for major products such as premium diapers, wearable overnight sanitary pads, and incontinence underwear, which are growing at around 20% annually, contributing to quality innovation and environmental improvement across household goods.

This content was produced with the assistance of AI translation services.