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Nongshim to build factory for export-only ramen in Korea

Korea Economic Daily LogoKorea Economic Daily1d ago

Nongshim to build factory for export-only ramen in Korea - Korea Economic Daily

Quick Summary:

South Korea’s instant noodle giant Nongshim Co.will build a plant dedicated to producing ramen, or ramyun, for exports at home to meet growing demand for its instant noodles abroad, especially in Europe.

The news comes five months after Nongshim Chairman and Chief Executive Shin Dong-won hinted at a plan to build the company’s first local factory in 17 years to meet the burgeoning demand for its instant noodles from around the world.

Nongshim announced on Friday that it will add a new ramen, spicy instant noodle, factory in Busan, Korea’s biggest port city where it already runs two factories.


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Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-30 @ 19:36:13 (1 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 669 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 22307077

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About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Year Established: 1964

Headquarters: South Korea

News Last Updated: 1 days ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

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  • URL: https://beamstart.com/news/nongshim-to-build-factory-for-17250144686503

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