02/13/2013

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KAZAKHSTAN: LG Chem pushes plans for Kazakh ethylene project

Project financing and the selection of a company responsible for engineering, procurement and construction are currently in the works, according to Park Jin-soo, chief executive officer of LG Chem.

LG projects that the plant will manufacture up to 800,000 tons of ethylene a year by injecting a $4.2 billion investment into the complex.

Source: Daily "The Korea Herald", Seoul; 5 Feb 2013

(Syed Rashid Ali, Karachi, Pakistan)

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