Tayfax Expands Production Facility for Secondary Battery Tapes Worth 7 Billion Won

Published 07 Apr.2022 13:58(KST)

[Asia Economy Reporter Minji Lee] Taipax announced on the 7th that it will expand its facilities with an investment of 7 billion KRW.

The investment amount accounts for 5.33% of the company's equity capital. The company stated, "This is a proactive response to the anticipated increase in demand for tapes used in secondary batteries." The investment period is from the 8th of this month until December 31.