JEIO Halts Second-Phase Carbon Nanotube Capacity Expansion

Bitget2026/10/30 09:54

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JEIO canceled the second phase of its carbon nanotube capacity expansion in a correction dated Oct. 30, 2026.
The investment was reduced to 42.38 billion won from 70 billion won, leaving 27.62 billion won unspent.
Actual spending reached 60.6% of the original budget.
The first phase, completed in February 2024, added 1,000 tons of annual capacity; the canceled phase would have added another 1,000 tons.
The cancellation reflects changing business conditions, efforts to improve existing plant utilization and strengthen financial health.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JEIO Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261030901348), on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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JEIO Halts Second-Phase Carbon Nanotube Capacity Expansion

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