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Jeonbuk State signed an investment agreement worth KRW 84.7 bn with three companies including Samyang Corporation
Advanced materials companies from industries such as semiconductors, secondary batteries, and nanomaterials, are rapidly taking root in Jeonbuk State.
On March 14, Jeonbuk State, Gunsan-si and Iksan-si signed an investment agreement worth KRW 84.7 billion with Dongwoo Fine-Chem, Samyang Corporation, and Nano Solutions at the provincial office.
Jeonbuk State explained that the three companies are prominent in such fields as semiconductors, fine chemicals, secondary batteries, and nanomaterials.
Dongwoo Fine-Chem will invest KRW 37 billion in Iksan’s 1st national industrial complex, Samyang Corporation will invest KRW 30 billion in Gunsan’s 2nd national industrial complex, and Nano Solutions will invest KRW 17.7 billion in Iksan’s 3rd general industrial complex.
In particular, Dongwoo Fine-Chem plans to expand its existing facilities and increase its research and development investments to supply essential materials for semiconductor processes reliably.
Jeonbuk has pledged to provide administrative and financial support to ensure the smooth investment and growth of these companies.
Governor of Jeonbuk stated, "With this agreement, we will strengthen collaboration with these companies to ensure that Jeonbuk becomes a hub for the advanced materials industry."
On March 12, AHES, a hydrogen specialist company, also signed an investment agreement worth KRW 60.3 billion with Jeonbuk State and announced plans to build an electrolyzer manufacturing plant in Wanju Techno Valley’s 2nd industrial complex by 2028.
doo@yna.co.kr
Source Text
** This article was translated from Korean.
Date
2025.03.18
Views
46
According to Yonhap News,
Advanced materials companies from industries such as semiconductors, secondary batteries, and nanomaterials, are rapidly taking root in Jeonbuk State.
On March 14, Jeonbuk State, Gunsan-si and Iksan-si signed an investment agreement worth KRW 84.7 billion with Dongwoo Fine-Chem, Samyang Corporation, and Nano Solutions at the provincial office.
Jeonbuk State explained that the three companies are prominent in such fields as semiconductors, fine chemicals, secondary batteries, and nanomaterials.
Dongwoo Fine-Chem will invest KRW 37 billion in Iksan’s 1st national industrial complex, Samyang Corporation will invest KRW 30 billion in Gunsan’s 2nd national industrial complex, and Nano Solutions will invest KRW 17.7 billion in Iksan’s 3rd general industrial complex.
In particular, Dongwoo Fine-Chem plans to expand its existing facilities and increase its research and development investments to supply essential materials for semiconductor processes reliably.
Jeonbuk has pledged to provide administrative and financial support to ensure the smooth investment and growth of these companies.
Governor of Jeonbuk stated, "With this agreement, we will strengthen collaboration with these companies to ensure that Jeonbuk becomes a hub for the advanced materials industry."
On March 12, AHES, a hydrogen specialist company, also signed an investment agreement worth KRW 60.3 billion with Jeonbuk State and announced plans to build an electrolyzer manufacturing plant in Wanju Techno Valley’s 2nd industrial complex by 2028.
doo@yna.co.kr
Source Text
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Source: Yonhap News (March 14, 2025)
** This article was translated from Korean.