(Bloomberg) -- Poongsan Corp., Asia's biggest maker
of copper and copper alloy products, plans to boost output as
demand for raw materials soars in industries ranging from cars to
semiconductors. The company's shares rose to a record.
Poongsan plans to raise annual capacity for metal sheets and
strips at its Onsan mill in South Korea by 33 percent to 200,000
metric tons by the end of 2009, Chang Bong Hun, Poongsan's
planning and management division director, said in an interview
yesterday. The unit in Thailand will expand capacity by 67
percent to 25,000 tons by mid-2008, he added.
Read more at Bloomberg Emerging Markets News
of copper and copper alloy products, plans to boost output as
demand for raw materials soars in industries ranging from cars to
semiconductors. The company's shares rose to a record.
Poongsan plans to raise annual capacity for metal sheets and
strips at its Onsan mill in South Korea by 33 percent to 200,000
metric tons by the end of 2009, Chang Bong Hun, Poongsan's
planning and management division director, said in an interview
yesterday. The unit in Thailand will expand capacity by 67
percent to 25,000 tons by mid-2008, he added.
Read more at Bloomberg Emerging Markets News
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