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Hyosung begins production of carbon fiber in Korea using own technology

10:49 AM MDT | May 13, 2013 | Natasha Alperowicz

Hyosung (Seoul) began mass-production of Korea’s first indigenous carbon fiber today, significantly reducing the need for imported material. The company held a commissioning ceremony at the Chonju facility, 240 kilometers southwest of Seoul. Hyosung announced two years ago that it had developed midfunction carbon fiber for the first time in Korea after three years of independent research. The company afterward invested 250 billion South Korean won ($224.7 million) to build a 2,000-m.t./year plant at the Chonju Eco High-Tech complex to...

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