# Taekwang Industrial to expand aramid production capacity to 5,000 tons annually

Taekwang Industrial approved a 145 billion KRW investment to expand aramid production at its Ulsan plant, increasing capacity by 3,500 tons annually to reach 5,000 tons by 2025.

- Type: Expansion
- Announced: 2022-05-13
- Where: Ulsan, South Korea
- Value: $115.0M (145.0B KRW)
- Starts operating: 2025
- Status: announced
- Capacity: 5,000 tons annually
- Products: aramid yarn (Acepara)
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Taekwang Industrial](https://endata.com/companies/55550.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2022051308562841776), 2022-05-12: "We will actively promote focused investment in competitive products in the textile business sector, using this large-scale expansion as a stepping stone."

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