US$1.5 billion in orders on hand! South Korea’s Dongsung Chemical invests in expanding production of LNG ship insulation materials

Dongsung, a subsidiary of Dongsung Chemical, South Korea Finetec will invest a total of 25 billion won (approximately US$18.65 million) this year to increase production equipment for ultra-low temperature insulation materials for LNG ships to further expand production and meet market demand. Dongsung Finetec On October 24, it stated that after investing 6 billion won…