Doosan Expands High-End CCL Production in Changshu
Doosan Corp. will invest about 550 billion won ($397.10 million) in Changshu, Jiangsu Province, China, to significantly expand its copper clad laminate, or CCL, production lines. The decision puts into concrete form China’s share of the company’s previously announced total investment plan worth 970
Doosan Corp. has announced plans to invest approximately 550 billion won ($397.10 million) in expanding its copper clad laminate (CCL) production lines in Changshu, Jiangsu Province, China. This investment is part of the company's broader 970 billion won ($700.31 million) investment plan, which was previously announced in September, demonstrating its commitment to strengthening its position in the high-end electronic materials market.
The investment agreement was signed on November 5, 2023, with Changshu City at Suzhou City Hall, attended by key officials from both sides, including Doosan's president, Yoo Seung-woo, and the mayor of Suzhou, Wang Wei. The new production facilities, which will be built on a 185,000 square meter site near the existing Changshu plant, are expected to commence phased operations from the second half of 2028. Changshu City has pledged full administrative support for the entire business process.
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