Kolon Industries Doubles Aramid Pulp Production, Strengthening Position in High-Value Market
Global Economic Times Reporter
korocamia@naver.com | 2024-11-29 11:58:51
Kolon Industries, a leading South Korean materials company, has successfully completed the expansion of its aramid pulp production capacity, marking a significant step forward in its pursuit of the high-value materials market.
The company announced on [date] that it has invested approximately 22 billion won in its Gumi plant to increase its annual aramid pulp production from 1,500 tons to 3,000 tons. The company has also begun commissioning the facility to supply customers with the highest quality products.
Aramid pulp is produced by physically abrading aramid fibers into a granular form. It is primarily used as a reinforcement material in automotive components such as brake pads, gaskets, and tire rubber.
Aramid fibers, often referred to as "super fibers," are renowned for their exceptional strength, capable of stopping bullets, as well as their high heat and abrasion resistance, making them suitable for demanding applications. The complex manufacturing process and high technological barriers to entry contribute to the product's high value.
Brake pads made with aramid pulp can reduce dust generation by up to 70% compared to conventional products, making them compliant with the upcoming Euro 7 emissions regulations, which will come into effect in November 2026. As the only domestic company in Korea to mass-produce aramid pulp, Kolon Industries plans to commence full-scale product delivery from next month following the completion of commissioning.
In late 2023, Kolon Industries doubled its annual aramid fiber production capacity from 7,500 tons to 15,310 tons, establishing itself as the largest producer in the country.
WEEKLY HOT
- 1Governor Kim Tae-heum Envisions "Cheonan-Asan Dome" Through Benchmarking of Singapore Sports Hub
- 2Airbnb Boosts Jeju’s ‘Halmang’ Stays and Local Empowerment with $230,000 Community Fund
- 3Seven-Eleven Korea Launches 'Whole Thigh Chicken Steak' Amid Aggressive Ready-to-Eat Meal Promotions
- 4Musinsa Standard Unveils 26 SS Campaign Featuring Ambassadors Han So-hee and Lee Do-hyun
- 5Ourhome Launches 'Next-Level Gourmet' Brand Campaign: Elevating Institutional Food Service to Fine Dining Standards
- 6Olive Young Global Mall: K-Beauty Evolution Sparks New "K-Lifestyle" Era