# Toray breaks ground on second PPS resin factory in Gunsan, South Korea

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.

- Type: Expansion
- Announced: 2023-02-21
- Where: Gunsan, South Korea
- Value: $50.0M
- Starts operating: 2024
- Status: under construction
- Capacity: 13,000 tons per year of PPS resin
- Products: polyphenylene sulfide (PPS) resin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Toray Industries](https://endata.com/companies/4565.md)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20230222003700320), 2023-02-22: "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."

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