# Direx Polymer breaks ground on APAO plant in Yeosu, South Korea

Direx Polymer, a joint venture between DL Chemical and Rextec, held a groundbreaking ceremony for an eco-friendly adhesive plant at Yeosu Industrial Complex. The plant will have an annual capacity of 40,000 tons and is expected to start commercial production in the first half of 2023.

- Type: New facility
- Announced: 2021-12-02
- Where: Yeosu Industrial Complex, Yeosu, South Korea, South Korea
- Value: $127.0M (150.0B KRW)
- Jobs: 80
- Starts operating: Q1 2023
- Status: under construction
- Capacity: 40,000 tons per year
- Products: amorphous poly alpha olefin (APAO) adhesive material
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Direx Polymer](https://endata.com/companies/57628.md)
- [DL Chemical](https://endata.com/companies/55405.md) (partner)
- [Rextec](https://endata.com/companies/59378.md) (partner)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2021120209182745991), 2021-12-02: "The joint factory plans to start commercial production in the first half of 2023 with an annual capacity of 40,000 tons and sell to Asia and Europe."
- [fnnews.com](https://www.fnnews.com/news/202112020955188079), 2021-12-02: "디렉스 폴리머는 렉스텍사의 기술을 바탕으로 2023년 상반기부터 4만톤 규모의 상업생산에 돌입하며"
- [fnnews.com](https://www.fnnews.com/news/202112021028028429), 2021-12-02: "여수 국가산업단지에 외국인투자 합작기업 '디렉스 폴리머'가 APAO(무정형 폴리 알파 올레핀) 공장이 입주한다."

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