Hyosung Advanced Materials to expand its carbon fiber factory in Jeonju
Hyosung Advanced Materials to expand its carbon fiber factory in Jeonju
  • Kim Min-jee
  • 승인 2019.02.12 10:56
  • 댓글 0
이 기사를 공유합니다

Hyosung Advanced Materials said on Feb. 11 that it will invest 46.8 billion won to expand its carbon fiber production plant in Jeonju, North Jeolla Province. 

According to the company, the expansion will be completed by 2020 by adding production lines to the existing sites to increase the annual production from the current 2,000 tons to 4,000 tons.

The expansion is designed to prepare for the increase in demand for hydrogen and compressed natural gas (CNG) cars, which are considered as a future eco-friendly vehicle, and carbon fiber, the company explained.

Carbon fiber is used to manufacture hydrogen fuel tanks and CNG high-pressure containers, which are key components of hydrogen cars. The company expects the demand for hydrogen fuel tanks to grow by 120 times and that for CNG containers to grow by more than 4 times by 2030.

Hyosung previously released TANSOME, the high-performance carbon fiber brand, which was developed in South Korea for the first time in 2011, since it started developing carbon fiber in 2007. In addition, it has been operating a carbon fiber factory in the eco-friendly complex industrial estate in Jeonju since May 2013.

삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • #1206, 36-4 Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea(Postal Code 07331)
  • 서울특별시 영등포구 여의도동 36-4 (국제금융로8길 34) / 오륜빌딩 1206호
  • URL: www.koreaittimes.com / m.koreaittimes.com. Editorial Div. 02-578-0434 / 010-2442-9446. Email: info@koreaittimes.com.
  • Publisher: Monica Younsoo Chung. Chief Editorial Writer: Kim Hyoung-joong. CEO: Lee Kap-soo. Editor: Jung Yeon-jin.
  • Juvenile Protection Manager: Yeon Choul-woong. IT Times Canada: Willow St. Vancouver BC, Canada / 070-7008-0005.
  • Copyright(C) Korea IT Times, Allrights reserved.