[Infostock Daily = Reporter Kim Jong Hyo] Samsung BioLogics announced on the 11th that it will establish a fourth plant in Samsung Bio Complex in Songdo, Incheon. Samsung BioLogics plans to spend 1.74 trillion won to expand its plant by 2023.
The fourth plant will be built with a capacity of 256,000 liters, with 1.5 million liters, 10,000 liters and 2,000 liters of production facilities to be built mixed.
The investment in factory facilities is 1.74 trillion won, which is 40% of equity capital. The investment period is from 11th to 31st August 2023.
Samsung BioLogics said, "The end date of the investment period can change depending on changes in the management environment or internal progress schedule during the future execution process."
Reporter Kim Jong Hyo kei1000@infostock.com
