Jeonjin Biopharm Establishes Additional Production Facility Worth 375 Million KRW

[Asia Economy Reporter Geum Boryeong] Jeonjin Bio Pharm announced on the 28th that it has decided to establish additional production facilities worth 375 million KRW.

The investment amount is 12.92% of the company's equity capital based on last year's individual standards.

Jeonjin Bio Pharm explained the purpose of the investment as "localization of capsule-type laundry detergent using functional natural material core technology, direct manufacturing, and securing production capacity in preparation for increased market demand."