LG Chemical to Spend $1.5 Billion on South Korean Projects

Researched by Industrial Info Resources (Sugar Land, Texas)--LG Chemical Limited, one of the largest chemical companies in Asia, plans to spend US$1.49 billion on 48 projects, including unit additions, revamps, maintenance and replacements, according to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database.

LG Chemical Limited, which has two ethylene units in South Korea, recently restarted production at its 595 million-pound-per-year Train 2 at its 2.8 billion-pound-per-year ethylene unit at its Daesan South Korea Chemicals Plant. Subscribers can click here for a detailed plant profile.

Subscribers can click here for a list of detailed project reports on LG Chemical projects across South Korea.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).