Brief: Hyosung Advanced Materials To Invest $564 Mln By 2028 To Expand Production Capacity Of Carbon Fiber

HS Hyosung Advanced Materials

20/08/2019 07:15

Aug 20 (Reuters) - Hyosung Advanced Materials Corp
 298050.KS :
    * S.KOREA WILL NURTURE CARBON FIBRE AS ONE OF KEY STRATEGIC
INDUSTRIES: S.KOREA'S PRESIDENTIAL OFFICE
    * HYOSUNG: TO INVEST 680 BILLION WON ($563.66 million) BY
2028 TO
EXPAND PRODUCTION CAPACITY OF CARBON FIBER
    * HYOSUNG WILL INCREASE ITS CARBON FIBRE PRODUCTION FROM
CURRENT
2,000 TONNES TO 24,000 BY 2028, AIMS TO BE WORLD'S TOP 3 MAKER:
PRESIDENTIAL OFFICE

Further company coverage:  298050.KS 

($1 = 1,206.4000 won)

 ((sangmi.cha.thomsonreuters.com@reuters.net;))