# Kumho Mitsui Chemicals to expand MDI plant in Yeosu with 500 billion won investment

Kumho Mitsui Chemicals will begin construction in October 2022 to expand its MDI plant in Yeosu, South Korea, increasing annual capacity from 410,000 tons to 610,000 tons. The 500 billion won investment will be completed by the first half of 2024.

- Type: Expansion
- Announced: 2022-09-07
- Where: Yeosu National Industrial Complex, Yeosu, South Korea, South Korea
- Value: $350.0M (500.0B KRW)
- Starts operating: Q3 2024
- Status: announced
- Capacity: 200,000 tons per year MDI
- Products: MDI (methylene diphenyl diisocyanate)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kumho Mitsui Chemicals Corp.](https://endata.com/companies/26031.md)
- [POSCO E&C](https://endata.com/companies/27917.md) (partner)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20220907059600003), 2022-09-07: "당사가 자체적으로 개발한 친환경 원료 재생 기술을 MDI 생산 공정에 적용하며 ESG 경영 강화에 속도를 낼 것"

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