Hyosung Heavy Industries will build a new export-only extra-high-voltage circuit breaker plant and expand related production equipment in Changwon, South Korea, with a total investment of 100 billion won. The plant is targeted for completion in the first half of 2026 and will raise breaker capacity to about 1.5 times the existing level.
Taerim Packaging, a Korean corrugated cardboard maker, began construction of 5.5MW roof-type solar power facilities at its Cheongwon Campus 1 and 2 in the Ochang 3rd Industrial Complex, Cheongju. The facilities are expected to generate about 7,026 MWh per year and cut about 3,220 tons of greenhouse gases annually.
Edwards UK and CSK, both Atlas Copco affiliates, signed an MOU worth about $101-110 million to build an integrated vacuum pump and gas processing equipment plant in Tangjeong General Industrial Complex, Asan, expected to create 270 jobs over five years.
Wonik Materials decided to invest KRW 21.5 billion in building a factory and new facilities, as disclosed on 5 April 2018.
South Korean specialty chemicals maker SONGWON Industrial Group announced it is investing in new production capacity for antioxidants used in fuels and lubricants, alongside R&D.