Korea Petrochemical to Spend $551 Million on Chemical Projects

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Researched by Industrial Info Resources (Sugar Land, Texas)--Korea Petrochemical Industry Company, one of the large chemical companies in South Korea, plans to spend US$551.7 million on 23 projects such as unit additions, revamps, equipment additions, upgrades and maintenance.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of detailed project reports.

The company has delayed the restart of the 1,764 million-pound-per-year ethylene unit at its Onsan Chemicals Plant in South Korea for additional maintenance work. The unit now is expected to be back online on November 8. Subscribers can click here for the related project report.

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) 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 over 200,000 current and future projects worth $17.8 Trillion (USD).