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Chungju City Signs KRW 160 Bn Investment Agreement with CLBiO

(CHEONGJU=NEWSIS) Chungju City signed an investment agreement with CLBiO on February 15.

CLBiO will invest KRW 160 billion in building a research and development center on 32,000㎡ of land at the Chungju Megapolis by 2020. It plans to hire 230 new workers.

CLBiO, which already holds three patents, will apply for 20 patents in 2016.

The company recently launched “all-in-one cream bar”, a soap made of ceriporia lacerata mycelium.

Source Text

Source: Newsis (Feb. 15, 2016)

** This article was translated from the Korean.