Adeka Korea Co., Ltd. (CEO Park Jong-seok) will invest 61.3 billion won to expand its production facility for resin additives at its existing site in the Wanju Techno Valley 2nd General Industrial Complex.
On July 31, Adeka Korea signed an investment agreement worth 61.3 billion won with North Jeolla Province and Wanju County, marking a significant step in fostering the advanced chemical materials industry and revitalizing the local economy.
This agreement is notable as it is the first foreign investment agreement since the inauguration of the 9th elected government.
Adeka Korea is a foreign-invested company fully funded by Japan's Adeka, which has been established in Wanju since 1991 and has grown alongside the local community for 35 years.
The company currently operates its headquarters and three production facilities in Wanju, producing resin additives and semiconductor materials while solidifying its presence in both domestic and international markets.
Adeka, the parent company, holds the second-largest market share globally in the resin additives sector and is recognized for its proprietary technologies in advanced semiconductor materials, including materials for semiconductor memory and hafnium precursors, making it a key player in the global supply chain.
Adeka Korea plans to invest 61.3 billion won to expand its resin additive production facility at the existing site in the Wanju Techno Valley 2nd General Industrial Complex.
The new resin additives will be high-value materials that enhance the functionality and transparency of plastic products. The company’s self-developed functional additive, 'Transparex,' has even been listed in the Guinness World Records.
Construction of the production facility is set to begin within the year, with a target completion date of September 2027.
The province and Wanju County are committed to providing administrative and financial support in accordance with relevant laws and regulations to ensure the investment plan is executed smoothly.
This expansion is expected to strengthen the advanced chemical materials cluster centered in Wanju and North Jeolla Province.
North Jeolla Province Governor Lee Won-taek and Wanju County Mayor Yoo Hee-tae stated, “Adeka Korea has consistently reinvested in the region since establishing its roots in North Jeolla, invigorating the local economy. We will do our utmost to create a favorable environment for businesses, believing that the success of companies leads to the happiness of our residents.”
The Wanju Techno Valley 2nd General Industrial Complex spans 2.113 million square meters and can accommodate a total of 130 companies, consisting of 1.717 million square meters of industrial facility zones and 396,000 square meters of support facility zones (mini-complex town).
Wanju County announced on July 31 that it will invest an additional 91 million won in the second half of this year to establish smart senior center infrastructure in 10 locations to address the digital information gap among seniors and expand non-face-to-face leisure, health, care, and welfare services.
Smart senior centers integrate information and communication technology (ICT) into existing centers, creating 'digital welfare spaces' where seniors can more easily access non-face-to-face communication, education, health management, and welfare services in familiar environments.
This project is set to be completed by November, increasing the number of smart senior centers in Wanju County from 100 to 110.
Since February, the county has been operating various programs, including singing classes, health exercises, laughter therapy, recreation, and guest lectures, in real-time interactions at the existing 100 smart senior centers over 14 sessions.
In the second half of the year, a strength training class, which has received positive feedback from seniors, will be filmed in a studio and broadcast to smart senior centers starting in August. Additionally, over 24 more programs will be offered to help improve the health and alleviate depression among seniors in rural areas.
The county plans to continue expanding smart senior centers next year and will focus on securing relevant budgets and developing new programs that reflect the needs of seniors.
* This article has been translated by AI.
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