Kolon to invest 13.5 bln won for epoxy plant expansion

By Nam Kwang-sik
SEOUL, July 7 (Yonhap) -- South Korea's leading synthetic fiber maker Kolon
Industries Inc. said Tuesday that it will invest 13.5 billion won (US$10.6
million) to expand its epoxy plant in the southeastern area of the country by the
first half of 2010.
The expansion is expected to raise Kolon Industries' annual production capacity
of epoxy for electronic materials to 24,000 tons from the current 12,000 tons,
Kolon said in a statement.
The plant is located in Gimcheon, 234 kilometers southeast of Seoul.
Epoxy is used for fiber-reinforced plastic materials and general purpose adhesives
Kolon Industries is the flagship company of South Korean conglomerate Kolon
Group, whose business areas include engineering, construction and textiles.
ksnam@yna.co.kr
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