# Huchems and Puriogen invest ₩310B in Yeosu chemical plants

Huchems will invest ₩250 billion to build a nitric acid and MNB production plant in Yeosu National Industrial Complex, with annual capacity of 400,000 tons of nitric acid and 300,000 tons of MNB, by 2023. Puriogen will invest ₩60 billion to build a biopharmaceutical resin plant by end of 2022. The investments total ₩310 billion and are expected to create 60 jobs.

- Type: Investment
- Announced: 2022-03-23
- Where: Yeosu, South Jeolla, South Korea
- Value: $256.0M (310.0B KRW)
- Jobs: 60
- Starts operating: 2023
- Status: announced
- Capacity: 400,000 tons of nitric acid per year; 300,000 tons of MNB per year
- Products: nitric acid, MNB (polyurethane chemical), biopharmaceutical resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Huchems](https://endata.com/companies/23473.md)
- [Puriogen](https://endata.com/companies/61799.md)

## Sources

- [fnnews.com](https://www.fnnews.com/news/202203231452160413), 2022-03-23: "두 기업의 공장 신·증설로 3100억 원 투자와 함께 60여 명의 직접고용 창출이 예상된다."

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