# Kumho Petrochemical to expand NB-LATEX capacity in Ulsan

Kumho Petrochemical signed an MOU with Ulsan city to invest 256 billion KRW to expand NB-LATEX production capacity by 236,000 tons per year (from 710,000 to 946,000 tons) by 2023, creating 77 new jobs.

- Type: Expansion
- Announced: 2021-10-05
- Where: Ulsan, South Korea
- Value: $215.0M (256.0B KRW)
- Jobs: 77
- Starts operating: 2023
- Status: announced
- Capacity: 236,000 tons per year (total to 946,000 tons per year)
- Products: NB-LATEX (nitrile butadiene latex)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kumho Petrochemical](https://endata.com/companies/45104.md)

## Sources

- [mtnews.net](https://www.mtnews.net/news/articleView.html?idxno=11880), 2021-10-05: "금호석유화학은 2023년까지 2,560억 원을 투자하여 ... 연간 23만 6,000톤(71만 톤→94만 6,000톤) 규모의 엔비 라텍스(NB-LATEX) 생산시설을 증설할 예정이며"
- [fnnews.com](https://www.fnnews.com/news/202110051534062357), 2021-10-05: "증설이 완료되는 2023년 말 금호석유화학의 NB라텍스 연간 생산능력은 기존 71만t에서 95만t까지 확대된다."
- [plastickorea.co.kr](http://www.plastickorea.co.kr/news/articleView.html?idxno=21250), 2022-01-21: "금호석유화학은 울산 석유화학공단에 2560억원을 투자해 연산 24만톤 규모의 NB라텍스 설비를 확장한다."

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