South Korea to See More than $356 Million in Phenol Projects

---

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking more than US$356 million worth of phenol projects in South Korea, including four capital-spending projects (three unit additions and a revamp) and six turnaround projects.

About 7 billion kilograms per year of phenol is produced using petroleum-derived feedstocks. It is primarily used to synthesize plastics and related materials. Phenol and its chemical derivatives are essential for production of polycarbonates, epoxies, bakelite, nylon, detergents, herbicides such as phenoxy herbicides, and numerous pharmaceutical drugs.

Industrial Info is tracking 10 related projects. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list.

Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.