KOREA (SOUTH): South Korean petrochemical producers vow to increase spending & exports
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03/09/2014
www.gupta-verlag.de/polyurethanes
KOREA (SOUTH): South Korean petrochemical producers vow to increase spending & exports
SK Global Chemical, LG Chem and about 30 other top Korean petrochemical producers expect investments to rise to a total of approximately 7.5-trillion won (USD 7.35-billion) this year, compared to about 6.5-trillion won during 2013, according the Ministry of Trade, Industry and Energy.
SK Global plans to invest about 960-billion won in construction of a new paraxylene plant that will create 1,400 jobs and generate USD 1.3-billion in annual exports.