Pamisel invests 30 billion KRW in Ulsan 3rd factory facilities... "Producing low dielectric electronic materials related to AI"

Famisell announced on the 24th that it has decided to expand its Ulsan Plant 3 in Onsan Industrial Complex, Ulsan, covering approximately 5,000 pyeong, to respond to the growing demand for low-dielectric electronic materials due to the rapid growth of the artificial intelligence (AI) related industry and to secure stable supply capabilities.

Plant 3 will have a site area of 16,508㎡, about 1.75 times larger than the total area of the existing plants. It plans to maximize production efficiency through a continuous production process equipped with automated facilities, with a total investment of 30 billion KRW. Most of the expansion costs will be funded by internal capital.

A Famisell official stated, "Since the second half of last year, we have made proactive investments in response to the increase in orders for low-dielectric electronic materials used in high-value equipment such as AI accelerators, 5G network devices, and base station antennas, aiming to strengthen technological innovation and market competitiveness to establish a foundation for sustainable growth."

Previously, Famisell's Chemical Business Division built Ulsan Plant 1 in 2018, followed by Ulsan Plant 2 in 2022. Sales increased to 54.5 billion KRW in 2023 and 62.8 billion KRW in 2024. Low-dielectric electronic materials recorded sales of 29.7 billion KRW in 2024, growing 227% year-on-year and leading the biochemical division's sales.

This content was produced with the assistance of AI translation services.