South Korea's Kolon Industries Plans to Expand PMR Production Capacity

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Researched by Industrial Info Resources (Sugar Land, Texas)--South Korea's Kolon Industries (Seoul) plans to invest about 24.0 billion won (US$18 million) to expand its pure monomer resin (PMR) production capacity at its Yeosu Chemical Plant.

The company plans to double the facility's capacity to 22,000 tons per year as part of a revamp project. Construction is planned to begin in fourth-quarter 2023. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing project and plant databases can click here for the project report and click here for the related plant profile.

PMR is a specialty petroleum resin product with high thermal stability and adhesion and is used in automotive tires.

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