Beksan Halts Production of Organic Insulation Materials at Hwaseong Plant

[Asia Economy Reporter Minji Lee] Byuksan announced on the 7th that it will replace the production of organic insulation material products at the Hongseong factory and cease operations at the Hwaseong factory. The sales amount in the production suspension sector is 41.3 billion KRW, accounting for 9.53% of the sales in 2019.

The company stated, "Since production will be replaced at the Hongseong factory, there is no impact from the suspension of production at the Hwaseong factory."