# Kolon Industries to expand epoxy and phenol resin production in Gimcheon

Kolon Industries is investing 30 billion KRW to expand production of special epoxy resin and phenol resin at its Gimcheon 2 plant by September 2018, increasing capacity from 25,000 to 37,000 tons for epoxy and 7,000 to 12,000 tons for phenol.

- Type: Expansion
- Announced: 2017-08-01
- Where: Gimcheon, South Korea
- Value: $27.0M (30.0B KRW)
- Starts operating: Sep 2018
- Status: announced
- Capacity: epoxy resin: 37,000 tons per year; phenol resin: 12,000 tons per year
- Products: special epoxy resin, phenol resin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kolon Industries](https://endata.com/companies/25976.md)

## Sources

- [economytalk.kr](http://www.economytalk.kr/news/articleView.html?idxno=151202), 2017-08-01: "코오롱인더스트리가 300억원을 투자해 김천 2공장에 2018년 9월까지 전자재료용 특수 에폭시 수지와 경화제용 페놀 수지 생산설비를 증설한다."

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