Largest allulose production capacity in Korea; aims to double speciality product revenue share by 2030
Samyang Corporation has completed the construction of Korea’s largest allulose plant and is accelerating its expansion of market share for alternative sweeteners both domestically and internationally.
Samyang Corporation (CEO Nag-hyun Choi) held a groundbreaking ceremony at the Specialty Plant located in Ulsan. The ceremony was attended by Ulsan City Deputy Mayor for Administrative Affairs Seung-dae Ahn, Ulsan City Council Member In-seop Bang, Samyang Corporation Vice Chairman Ryang Kim, Vice Chairman Won Kim, Samyang Packaging Vice Chairman Jeong Kim, and Samyang Corporation CEO Nag-hyun Choi, which proceeded with an opening declaration, a progress report, congratulatory addresses, and a commemorative performance.
The Specialty Plant located in Nam-gu, Ulsan, consists of two buildings: one for allulose production and the other for prebiotics. This facility, constructed with an investment of approximately KRW 140 billion, spans a total floor area of 22,150m2 and has an annual production capacity of 25,000 tons.
Notably, the allulose plant boasts an annual production capacity of 13,000 tonnes, more than four times larger than the previous capacity, making it the largest in the country. The plant is equipped to produce both liquid and crystalline allulose, the latter being particularly advantageous for export.