Industry
LG Chem to invest W300b in petrochemical facilities
Dec. 26, 2017
LG Chem will invest a total of 300 billion won ($278.6 million) to expand its petrochemical facilities in Yeosu, South Jeolla Province, the company said Tuesday.With the investment, the company plans to increase the annual production capacities of crude acrylic acid and super absorbent polymer by 180,000 tons and 100,000 tons, respectively. (LG Chem)CAA is used to produce acrylates and other derivatives used in paint, paper, textile, adhesives, specialty coatings. SAP is mainly used in disposab