BRIEF-Hyosung Advanced Materials To Invest $564 Mln By 2028 To Expand Production Capacity Of Carbon Fiber

Hyosung Advanced Materials Corp : * S.KOREA WILL NURTURE CARBON FIBRE AS ONE OF KEY STRATEGIC INDUSTRIES: S.KOREA'S PRESIDENTIAL OFFICE

* HYOSUNG: TO INVEST 680 BILLION WON ($563.66 million) BY 2028 TO EXPAND PRODUCTION CAPACITY OF CARBON FIBER * HYOSUNG WILL INCREASE ITS CARBON FIBRE PRODUCTION FROM CURRENT 2,000 TONNES TO 24,000 BY 2028, AIMS TO BE WORLD'S TOP 3 MAKER: PRESIDENTIAL OFFICE Further company coverage: ($1 = 1,206.4000 won)