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Hyosung, Expending Business for NF3, Special Gas for Cleaning in the Production of Semiconductors

NSP NEWS AGENCY, By Hanah Choi Journalis, 2016-01-12 15:42 END7
#Hyosung #NF3

(Seoul=NSP News Agency) Hanah Choi Journalist = Hyosung is planning to found a 2500 ton scale plant until the first half of 2017 by investing 200 billion sequentially into Quzhou city, Zhejiang province, China.

In addition, it invests 100 billion won in its site for third plant located Yong-yeon dong, Nam gu, Ulsan city to raise the plant’s production by 1,250 tons a year and it will start commercial production in March this year.

Founding factory in China this time marks a great step in that it is the first overseas plant foundation on the part of chemical materials sector on top of the fact that Hyosung has the world’s No.1 products in the textile and industrial materials sector, such as spandex and tire cords.

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Hyosung plans to increase global expansion with entry to China as a stepping-stone.

Cho Hyun-Joon, president of Hyosung Group, states regarding, the foundation, that,"We decided The construction of a new plant in China as our strategic move to preemptively respond to the Chinese market’s exploding demand for semiconductors and displays"and that"With this as a momentum, we will strengthen stature of Hyosung which has technology-centered potential.

NSP News Agency/NSP TV Hanah Choi Journalist, hana1914@nspna.com
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