The Korea Herald

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Sungbo Chemical to invest W31b in factory expansion

By 윤정현

Published : Aug. 29, 2016 - 17:05

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[DISCLOSURE] Sungbo Chemical (003080) announced on Aug. 29 that it plans to invest 31.03 billion won (US$27.56 million) for expansion of its second factory property, which has been relocated to Ansan, Gyeonggi Province.
This amounts to 34.6 percent of the firm’s equity capital and the investment will continue until March 31, 2017.

By Yun Jeong-hyeon (clareyun@heraldcorp.com)