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[Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance
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Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push
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Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
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Prosecutors seek 5-year prison term for Samsung chief in merger retrial
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UN talks on plastic pollution treaty begin with grim outlook
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CJ Cheiljedang Corp. will spend three trillion won ($2.78 billion) by 2015 on building facilities and an R&D center to make bio products, the food maker said Friday.
“We’re making investment into our Asia and North American market where we will invest about three trillion won,” it said.
The investment may include building new factories or establishing strategic alliance with food companies abroad, it said.
The country’s biggest food processor said it has yet to confirm specifics of the plan including investment target and type.
“We will publicly disclose our plan once we confirm it.”
By Cynthia J. Kim (cynthiak@heraldcorp.com)
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