Wednesday, November 4, 2026

Toray Advanced Materials Korea President Kim Young-seop receives Industrial Service Merit Medal on Foreign Company Day

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2026-11-04 11:36:09
Updated
2026-11-04 11:36:09
Kim Young-seop, president and CEO of Toray Advanced Materials Korea. Courtesy of Toray Advanced Materials Korea

[Financial News] Kim Young-seop, president and CEO of Toray Advanced Materials Korea (Photo) was awarded the Industrial Service Merit Medal for his contribution to expanding investment in South Korea’s advanced materials sector. From 2023 to 2025, Toray Advanced Materials Korea pursued investments totaling about 500 billion won, focused on Gumi and the Saemangeum National Industrial Complex.
Toray Advanced Materials Korea announced on the 4th that President Kim received the Industrial Service Merit Medal at a ceremony marking Foreign Company Day 2026, held on the 3rd at the Grand InterContinental Seoul Parnas in Gangnam District, Seoul.
Toray Advanced Materials Korea expanded production facilities at the Gumi National Industrial Complex in North Gyeongsang Province, including film production lines No. 13 and 14 for multilayer ceramic capacitors (MLCCs), carbon fiber line No. 3, and meta-aramid fiber line No. 2. At the Saemangeum National Industrial Complex in Jeonbuk State, it expanded the facilities for PPS line No. 2.
Toray Advanced Materials Korea is pursuing business expansion in future mobility, aerospace, and advanced electronic materials. In 2023, it received the $800 Million Export Tower award.
President Kim said, “I will continue to do my utmost to enhance the competitiveness of South Korea’s advanced materials industry through sustained investment and research and development.”


[email protected] Kim Mi-hee Reporter