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Hyosung Chemical: PP/DH Business Driving Earnings Growth
- May 6, 2021
- Posted by: ssr
- Category: Chemical
No CommentsHyosung Chemical: PP/DH Business Driving Earnings Growth The author is an analyst of NH Investment & Securities. He can be reached at ys.hwang@nhqv.com. -- Ed. Backed by increased demand for premium products in the US and Europe, Hyosung Chem’s petrochemical business looks set to enjoy significant earnings improvement moving ahead. In 2H21, the -
Hanwha Total expands production capacity of polypropylene and ethylene
- May 6, 2021
- Posted by: ssr
- Category: Chemical
Hanwha Total expands production capacity of polypropylene and ethylene SEOUL, May 5 (Yonhap) -- Hanwha Total Petrochemical Co. said Wednesday that it has completed a 530 billion won project to boost production capacity of polypropylene and ethylene in South Korea. The company invested 380 billion won (US$337 million) in building a new polypropylene line -
LG Chem posts the biggest quarterly sales and operating profits
- May 3, 2021
- Posted by: ssr
- Category: Chemical
LG Chem posts the biggest quarterly sales and operating profits Revenue of 9.65 trillion won in first quarter, up 43.4% year-on-year LG Chem made an announcement on April 28 that it achieved its biggest quarterly management performance of 9.65 trillion won ($8.7 billion) in sales and 1.408 trillion won in operating profit in the first -
(2nd LD) S-Oil shifts to black in Q1 on higher petrochem margins
- April 28, 2021
- Posted by: ssr
- Category: Chemical
(2nd LD) S-Oil shifts to black in Q1 on higher petrochem margins (ATTN: UPDATES with more details in paras 8-13) BY Kim Eun-jung SEOUL, April 27 (Yonhap) -- S-Oil Corp., South Korea's No. 3 refiner, said Tuesday it turned to the black in the first quarter from a year earlier on rising prices of -
Kumho Mitsui Chemicals to invest 400 bln won to expand chemicals production
- April 26, 2021
- Posted by: ssr
- Category: Chemical
Kumho Mitsui Chemicals to invest 400 bln won to expand chemicals production SEOUL, April 21 (Yonhap) -- Kumho Mitsui Chemicals Inc. said Wednesday it will invest about 400 billion won (US$358.1 million) to expand its chemical manufacturing factory in South Korea's southwestern region. The joint venture between Korean synthetic rubber maker Kumho Petrochemical and -
Korea’s LG Chem to launch bio-based products in June
- April 26, 2021
- Posted by: ssr
- Category: Chemical
Korea’s LG Chem to launch bio-based products in June South Korean petrochemical firm LG Chem will begin production of sustainable materials at its Yosu and Iksan cracker and polymerisation plants in June, after obtaining ISCC-Plus certification on nine products. The plants will produce polyvinyl chloride, synthetic resin acrylonitrile butadiene styrene (ABS), superabsorbent polymer, polycarbonate, glycols, -
(LEAD) Exports jump 45.4 pct in first 20 days of April
- April 21, 2021
- Posted by: ssr
- Category: Chemical
(LEAD) Exports jump 45.4 pct in first 20 days of April (ATTN: REWRITES lead; UPDATES with more info from para 3; ADDS photo) By Kim Soo-yeon SEOUL, April 21 (Yonhap) -- South Korea's exports jumped 45.4 percent on-year in the first 20 days of April as shipments of chips, autos and oil products remained -
S. Korea’s Q1 growth estimated to have recovered to pre-pandemic level
- April 19, 2021
- Posted by: ssr
- Category: Chemical
S. Korea's Q1 growth estimated to have recovered to pre-pandemic level This undated file photo shows stacks of import-export cargo containers at South Korea's largest seaport in Busan, 450 kilometers southeast of Seoul. (Yonhap) South Korea's first-quarter economic growth is widely estimated to have recovered to pre-pandemic levels on a rapid rebound in exports -
S. Korean economy to grow 3.5 pct in 2021 on brisk exports: KERI
- April 16, 2021
- Posted by: ssr
- Category: Chemical
S. Korean economy to grow 3.5 pct in 2021 on brisk exports: KERI SEOUL, April 15 (Yonhap) -- South Korea's economy is expected to grow in the mid-3 percent range this year on resilient exports, a leading private think tank said Thursday. Asia's fourth-largest economy is likely to expand 3.5 percent on-year this year, -
Exports hit record high in Q1 amid pandemic
- April 15, 2021
- Posted by: ssr
- Category: Chemical
Exports hit record high in Q1 amid pandemic This file photo, taken March 2, 2021, shows ships carrying containers docking at a port in South Korea's southeastern port city of Busan. (Yonhap) South Korea's exports hit a record high in the first quarter as shipments of chips and autos remained robust amid the pandemic,