South Korean Chemical Firms Plan $3 Billion in Project Kickoffs for 2022, Led by Petchems

---

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking about 360 chemical projects in South Korea, worth more than US$3 billion, which are planned to kick off in 2022.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of detailed project reports. The petrochemical sector leads in planned kickoffs.

Click on the image at right for an Industrial Info Geolocator heat map showing project activity in South Korea.

By value, one of the most substantial projects is Kumho Asiana Group's 200,000 metric-ton-per-year Methylene Diphenylene Diisocyanate (MDI) Unit Addition in Yeosu-si, Jeollanam-do.

Provinces with major project activity include Jeollanam-do, Ulsan and Gyeongsangbuk-do.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.