Kolon fires Gumi plant back up after appeal court’s ruling

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Kolon fires Gumi plant back up after appeal court’s ruling

Kolon Industries resumed operations at its aramid plant in Gumi, North Gyeongsang, from Sunday, one day after work there was halted due to a U.S. court’s ruling that banned the Korean firm’s global aramid sales for 20 years.

The U.S. Court of Appeals accepted the Korean textile manufacturer’s request on Sunday to temporarily resume operations at the Korean plant.

Kolon will be able to continue producing its aramid fiber, dubbed Heracron, for the next four weeks. If the appeals court also accepts Kolon’s injunction to suspend execution of the ruling by the Eastern District Court of Virginia on Friday, which banned Kolon from producing and selling Heracron - a material that is mainly used to make body armor - in all overseas markets, Kolon will be able to continue operating the plant until the trial ends.

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