Kumho Petrochemical invests heavily in expanding synthetic rubber production capacity

South Korea's Kumho Petrochemical Co., Ltd. recently said that it plans to invest 120 billion won (US$110 million) in the next two years to expand its several rubber production facilities to meet the growing demand in the region. By then, the company's production capacity of solution-based SBR in Yeosu will be expanded from the current 24,000 tons/year to 84,000 tons/year, and Ulsan's SBR production capacity will be expanded from the current 480,000 tons/year to 560,000 tons. Tons/year. In addition, the company will also build a 120,000 t/y nitrile latex production line in Ulsan.