# South Korea's JP Innovation to Quadruple Production Capacity

> JP Innovation plans to quadruple production capacity by 2028 and retry IPO next year.
- Title: South Korea's JP Innovation to Quadruple Production Capacity
- Summary: JP Innovation plans to quadruple production capacity by 2028 and retry IPO next year. South Korea's JP Innovation will quadruple production capacity to 200…
- Keywords: jp innovation, south korea, production capacity, ipo, yanggam, hwaseong, anseong, seoul, semiconductors, cosmetic ingredients, operating profit, revenue
- Source: BigGo Finance — https://finance.biggo.com/news/bc4fb2e0-be21-43b7-9a5b-058cf662695d
- Author: BigGo Finance
- Published: 2026-10-19T01:25:28+00:00
- Read time: 1 min
- Topics: jp innovation, south korea, production capacity, ipo, yanggam, hwaseong, anseong, seoul, semiconductors, cosmetic ingredients, operating profit, revenue
## Production capacity expansion
JP Innovation plans to build new production facilities in Yanggam, Hwaseong and Anseong by 2028.
## Quadrupling production capacity
Annual production capacity will quadruple from 50 billion won to 200 billion won by 2028.
## Revenue and profit growth
Last year revenue reached 56.3 billion won (approximately $42.2 million) with 6.168 billion won (approximately $4.6 million) operating profit.
## Cosmetic ingredients focus
Cosmetic ingredients now account for over 60% of revenue with 34 billion won (approximately $25.5 million) order backlog.
## IPO timeline
JP Innovation will restart IPO procedures in November targeting a listing next year.
## EPC system implementation
Company has internalized engineering, procurement and construction (EPC) system for turnkey solutions.
## Market expansion
Company is expanding into defense sector and nuclear power markets with ASME certifications.
## Key takeaway

South Korea's JP Innovation will quadruple production capacity to 200 billion won by 2028 and retry IPO next year.