Toray Industries to invest $89M to expand PPS lines in Gunsan, South Korea

Toray Industries Inc. will invest 100 billion won ($89.3 million) from 2019 to 2021 to add production lines at its polyphenylene sulfide (PPS) resin plant in Gunsan, South Korea. Construction is planned to start in June 2019, with completion in the first half of 2021.

“Toray Industries Inc., Japan's leading advanced materials maker, will invest 100 billion won ($89.3 million) over the next three years to bump up polyphenylene sulfide (PPS) resin output capacity at its plant in Gunsan, South Korea.”investkorea.org

• 1 source
• investkorea.orgJapan’s Toray Industries Pledges $89 mn to Expand Korean PPS LinesView Details | News & Event | Jeollabuk-do Investment Environment for Foreign-Invested CompaniesSep 18, 2018

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