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Released June 12, 2023 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Kolon Industries (Seoul, South Korea) plans to invest about 22 billion won (US$17 million) to expand the production line for aramid pulp at its chemical plant in Gumi, South Korea. Aramid pulp is widely used in adhesives, packaging material, thermal insulators, wind turbine generator blades, tires and braking systems, according to the Royal Society of Chemistry.

The expansion is set to begin construction in the third quarter of 2024, and the Gumi plant would have a total capacity of 3,000 tons per year upon completion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pulp & Paper Project Database can learn more from a detailed project report and plant profile.

Industrial Info also is tracking progress on a 7,500-ton-per-year aramid fibers line addition at the same plant, which would bring its total capacity for the product to 15,000 tons per year. Subscribers can learn more from a detailed project report.

Industrial Info is tracking 20 projects from Kolon, with a total value of more than US$315 million, across South Korea and Vietnam. Subscribers can click here for a list of detailed project reports, and can click here for a list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).

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