Kolon Industries to Invest in Expansion of Aramid Plant

SEOUL, June 24 (Korea Bizwire) — Kolon Industries Inc., South Korea’s top textile and chemical materials maker, said Thursday it will invest some 240 billion won (US$212 million) to double the capacity of its domestic aramid factory. The company said it plans to increase the annual capacity of the plant in Gumi, about 260 kilometers [...]