Taekwang Industrial Invests 145 Billion KRW to Expand Aramid Production Capacity from 1,500 to 5,000 Tons Annually

Defense, Firefighting, and Safety Industries' Eco-Friendly Core Materials
Expanding by 3,500 Tons Annually to Reach 5,000 Tons by 2025

Aramid yarn. (Photo by Taekwang Group)

[Asia Economy Reporter Moon Chaeseok] Taekwang Industrial, a textile and petrochemical affiliate of Taekwang Group, announced on the 13th that it will expand its aramid (aromatic polyamide) plant, a core material in the eco-friendly industry.

Taekwang Industrial stated that on the 11th, it held an extraordinary board meeting at its headquarters in Jangchung-dong, Seoul, and approved the plan to expand the aramid production at its Ulsan chemical fiber plant. The investment amount is 145 billion KRW. By 2025, it plans to increase production capacity by 3,500 tons annually, expanding total capacity to 5,000 tons.

Taekwang Industrial began commercializing facilities with an annual capacity of 1,000 tons in 2014 and started commercial production in 2015. After expanding by 500 tons last year, this is the second expansion investment.

The aramid brand produced by Taekwang Industrial, called 'Acepara,' weighs only 20% of steel but has more than five times the strength of steel. It also has excellent heat resistance, earning it the name of a super fiber. It is widely used across industries including defense, firefighting and safety, industrial reinforcement materials, and aerospace.

The company explained that this expansion is expected to strengthen product competitiveness through a diverse product lineup and enhance cost competitiveness by utilizing high-productivity facilities. A Taekwang Industrial official said, "We will actively promote focused investment in competitive products in the textile business sector, using this large-scale expansion as a stepping stone."

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