[Asia Economy Reporter Gong Byung-sun] Kolon Industries announced on the 24th that it has decided to invest in expanding the aramid production line at its Gumi plant, worth 236.9 billion KRW, due to increased demand for aramid used in 5G cables and ultra-high-performance tires.
This investment amounts to approximately 10.34% of its equity capital.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
![Clutching a Stolen Dior Bag, Saying "I Hate Being Poor but Real"... The Grotesque Con of a "Human Knockoff" [Slate]](https://cwcontent.asiae.co.kr/asiaresize/183/2026021902243444107_1771435474.jpg)
