# Kolon Industries completes aramid capacity expansion in Gumi, South Korea

Kolon Industries invested 298.9 billion KRW to double aramid production capacity at its Gumi plant, adding 7,810 tonnes per year for a total of 15,310 tonnes per year. The expansion is completed and commissioning is underway, with full sales expected from 2024.

- Type: Expansion
- Announced: 2023-12-20
- Where: Gumi, South Korea
- Value: $230.0M (298.9B KRW)
- Starts operating: 20 Dec 2023
- Status: completed
- Capacity: 15,310 tonnes per year total
- Products: aramid fiber
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kolon Industries](https://endata.com/companies/25976.md)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20231220029200003), 2023-12-19: "생산능력 확대와 함께 고부가 제품 포트폴리오 구축을 통해 아라미드의 수익성과 품질 경쟁력을 모두 강화할 것"
- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/3284434), 2023-12-20: "With the expansion of production capacity and the establishment of a high-value product portfolio, we will strengthen both profitability and quality competitiveness of aramid."
- [kedglobal.com](https://www.kedglobal.com/fiber-textile/newsView/ked202312200007), 2023-12-20: "Kolon Industries doubled its aromatic polyamide fibers (aramid) production capacity after completing a 298.9 billion won ($230 million) expansion at its Gumi plant."

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