South Korea's Hyundai Chemical Leads $12 Billion in Petrochemical Projects, an Industrial Info Market Brief

Hyundai Chemical plans to build a heavy-feed petrochemical complex. The new facility would produce 750,000 tons per year of ethylene, 850,000 tons per year of polyethylene and 500,000 tons per year of propylene.

Hyundai Chemical is a joint venture between South Korea's top refiner, Hyundai Oilbank, and petrochemical company Lotte Chemical.

Industrial Info is tracking nearly $12 billion in petrochemical projects across South Korea. Click here for a list of projects, and see graph below for a breakdown by province.