Parts of AgfaPhoto film production sold to Korean company

The production of special non-photographic film products in Leverkusen will be resumed under the direction of AgfaPhoto Managing Director Wilfried Sill: “Just as Hyosung, we consider the market for films with special technical attributes as a growth market. We will immediately resume our film production in a rented building. Initially, we will recruit 50 employees from the employment and qualification company and commence our services as a film supplier to the existing customers of AgfaPhoto GmbH.“ The workforce is expected to grow to 70 by the end of the financial year.

Founded in 1957, the conglomerate Hyosung Corporation employs a total workforce of 7,000 in over 30 branch establishments worldwide and operates in the sectors textiles and textile fibres, mechanical engineering, chemicals, plant construction, retail, and information and communication. Its annual sales exceed 5 billion US Dollars.