A suitable site was found 20 km outside the city of Busan, close to the airport, in order to plan for a new factory site. Production of coatings for the marine market is the main goal for the new factory. Solvent-based production will be carried out at the new plant with dissolvers and mills. Technically, it will be similar to the factories in Dubai and Zhangjiagang.
The construction of the facility is scheduled for completion in March 2009 with advanced production facilities and an annual production capacity of approximately 37 million liters. Total size for the plant is 47,000 m².
Factory operation and logistic will have a staff of approximately 45 people. The site in total, including office and laboratory is estimated to house near 100 employees when it is finished.
