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Issue 20/2019 - Hyosung Group plans to build a large-scale carbon fiber production base

 Last Update: 2022-11-11
 Source: Internet
 Author: User

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HYOSUNG GROUP PLANS TO BUILD A LARGE-SCALE CARBON FIBER PRODUCTION BASE
Recently, South Korea's Hyosung Group held a signing ceremony for new carbon fiber investment, announcing that it plans to invest 1 trillion won (about 5.
8 billion yuan) by 2028 to build the world's largest carbon fiber production base
.
The company announced plans for the next nine years: to build nine new carbon fiber production lines at its Jeonju plant in North Jeolla Province, and to increase the current 2,000-ton (one line) plant capacity by 12 times to 24,000 tons (10 lines)
by 2028.

Cho Hsien-joon, Chairman of Hyosung Group, said, "We have realized the potential of carbon fiber and have taken the lead in developing our own technology
.
We will continue to build strong competitiveness in the chemical industry and strive to stay ahead of our competitors
.
”

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