SEOUL, KOREA - Yuhan Kimberly said on June 11 it would make a 107.2-billion-won investment, the largest scale ever in the company's history. As part of the investment plan, it would expand the production capacity of its core product lines including toilet tissue, wet tissue, and diapers.
As for the toilet issue business, Yuhan Kimberly will invest a total of 68 billion won by 2015 in its Gimcheon plant, North Gyeongsang Province, to increase annual output to 150,000 tons from current 100,000 tons. It will export up to 70 percent of the increased output to the Asia-Pacific region including China, Australia, India, Thailand, and Malaysia.
In its Daejeon plant, Yuhan will introduce a "Coform" machine to make high-quality wet tissue fabrics. Until now, the company has imported all Coform fabrics from the United States and Mexico.
With the new investment, Yuhan Kimberly will become a company with a sales revenue of 5 trillion won by 2020. Last year, the company achieved a sales revenue of 1.41 trillion won and an export volume of 273.8 billion won.
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