- Carbon Fibers
Hyosung to increase its annual output to 24,000 tons with a total investment of $820M by 2028
The company will invest a total of KRW 1 trillion in the carbon fiber business by 2028 and expand its annual production capacity from the current 2,000 tons (1 line) to 24,000 tons (10 lines).
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Hyosung and Saudi Aramco sign a MoU for collaboration in carbon fiber development
Hyosung Group is strengthening its partnership with Saudi Aramco, a comprehensive petrochemical company, for cooperation in the carbon fiber, including the construction of new plants.
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