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LG Chem is investing 124.6 billion won ($89.5 million) to build a second reverse osmosis membrane plant in Chungju, South Korea, doubling capacity to 800,000 pieces annually. Construction is to be completed by July 2025, with commercial operation expected in 2028.
“When the second plant is commercially operational in 2028, annual sales are expected to reach 400 billion won, double that of 2023.”pulse.mk.co.kr
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