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Two hot rolling mills, face milling cutters, heating furnaces, straightening machines, fox-style longitudinal cutting machines, and annealing furnaces were put into operation. Also, the main office building was completed
The production plant was completed and obtained approval for the facilities to manage air pollution of category 2, water pollution of category 3, and specific soil pollution from surface sources.
The reported FDI investment increased to a total of 65.2 million USD.
Started building the production plant.
Signed a strategic cooperation agreement for foreign investment in the Sehwa Industrial Park of Gwangyang City. The FDI investment declaration was for 35.2 million USD and 40 billion KRW, and the establishment of Gwangyang Aluminum Co., Ltd. was completed.