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Toray Industries held a groundbreaking ceremony on February 21, 2023, for a second production factory in Gunsan, South Korea, worth over US$50 million. The expansion will boost polyphenylene sulfide (PPS) resin production to over 13,000 tons per year starting 2024.
“The factory expansion is expected to boost its production of polyphenylene sulfide resin to over 13,000 tons per year starting 2024, the largest volume by a single firm in South Korea.”en.yna.co.kr
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