# 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.

- Type: Expansion
- Announced: 2018-09-18
- Where: Gunsan, North Jeolla Province, South Korea
- Value: $89.3M
- Starts operating: 2021
- Status: announced
- Products: polyphenylene sulfide (PPS) resin, PPS compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Toray Industries](https://endata.com/companies/4565.md)

## Sources

- [investkorea.org](https://www.investkorea.org/jnbk-en/bbs/i-1334/detail.do?ntt_sn=477939), 2018-09-18: "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."

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