Technology
LG affiliate spends 130 bln won to raise MMA output
May 31, 2017
LG MMA Co., an affiliate of South Korean conglomerate LG Group, said Wednesday it will spend some 130 billion won ($116 million) to expand its facility in the country to meet growing demand for methylmethacrylate, used for various industrial materials.LG MMA, a joint venture with Japan‘s Sumitomo Chemical Co., Ltd. and Japan Catalyst Inc. that was set up to produce industrial products, said its output will rise to 260,000 tons of MMA from the current 180,000 tons when the expansion work is compl