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Hyosung and Saudi Aramco signed a memorandum of understanding on June 25, 2019, to explore building a carbon fiber plant in Saudi Arabia or South Korea. The MOU covers cooperation on carbon fiber production technology and potential new or expanded facilities.
“효성과 아람코는 탄소섬유 생산 기술 개발과 적용에 협력해 향후 사우디아라비아나 국내 등에 탄소섬유 공장을 신·증설하는 방안을 적극 검토하기로 했다.”member.newspim.com
Summarized from public sources; check the original articles before acting on it.