Hyosung to invest US$828m in carbon fibres

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Hyosung Group is to invest KRW1trn (US$828m) over the next 10 years to expand its carbon fibre business.

The company plans to build nine additional carbon fibre production lines at its plant in Jeonju, North Jeolla Province, South Kore,a to meet the rapidly growing demand for carbon fibre materials.

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