# Taekwang Industrial invests KRW 150 billion to expand modacrylic production in Ulsan

Taekwang Industrial announced a KRW 150 billion investment to expand its modacrylic production line at its Ulsan plant, increasing annual capacity from 12,000 to 26,000 tons. Commercial production is expected to begin in June 2028.

- Type: Expansion
- Announced: 2026-08-13
- Where: Ulsan, South Korea
- Value: $112.0M (150.0B KRW)
- Starts operating: Jun 2028
- Status: announced
- Capacity: 26,000 tons per year
- Products: modacrylic fiber
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Taekwang Industrial](https://endata.com/companies/55550.md)

## Sources

- [inthenews.co.kr](https://www.inthenews.co.kr/news/article.html?no=90510), 2026-08-13: "이번 증설을 통해 '모다본'의 패션 소재로서 글로벌 입지를 확보하고 중장기 성장 동력으로 육성해 나가겠다."
- [asiae.co.kr](https://www.asiae.co.kr/en/article/2026081317460999928), 2026-08-13: "Taekwang Industrial will invest 150 billion won to expand the Modacryl production line at its Ulsan plant."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.