Date
2012.10.24
Korea Kolmar, a South Korean cosmetics research and development firm, plans to
double its production capacity in China in a bid to meet growing demand there,
company officials said Wednesday.
The cosmetics company, which is known
for being an original design manufacturer of cosmetics products, plans to
complete construction of its second Chinese plant in the southern city of
Guangzhou by 2014, the officials said.
The factory will manufacture
cosmetics products worth 50 billion won (US$45 million) per year when it is
completed, they said.