Greene Tweed Expands Manufacturing Capabilities with New Facility in South Korea
By Ashutosh Arora
Greene Tweed, a global leader in high-performance thermoplastics, composites, seals, and engineered components, has completed the construction of its new manufacturing facility in Ochang, Cheongju-si, Chungcheongbuk-do, Republic of Korea. This significant expansion marks a major milestone in Greene Tweed’s global growth strategy, reinforcing its commitment to delivering innovative solutions and exceptional service to customers worldwide, particularly with its flagship Chemraz® product line.
The new state-of-the-art facility is set to begin sample production immediately, with full-scale commercial production anticipated by September 2024. Equipped with advanced manufacturing technologies, including solar panels and greywater recycling systems, the plant is designed to minimize environmental impact while enhancing production capabilities. A skilled workforce is already in place, ready to drive the new operations forward.
The new facility underscores Greene Tweed’s dedication to supporting clients in Korea and the surrounding region, including leading players in the semiconductor industry. With the global semiconductor market projected to reach a value of one trillion dollars by 2030, Greene Tweed is well-positioned to meet both local and global demand. The company expects this increased manufacturing presence in Asia to improve delivery times, enhance business continuity, and provide greater flexibility and reliability for customers around the world.
