NPK Invests 1.4 Billion in Subsidiary Jungsan NPK New Materials

[Asia Economy Reporter Lee Seon-ae] NPK announced on the 9th that it will invest approximately 1.4 billion KRW in its Chinese synthetic resin manufacturing and sales subsidiary, Zhongshan NPK New Materials. After the investment, NPK's stake in Zhongshan NPK New Materials will be 100%. NPK stated that the purpose of this measure is "local subsidiary production, quality stabilization, and operating funds."