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SK-Sinopec joint venture to invest W740b to raise production capacity
- November 15, 2017
- Posted by: ssr
- Category: Chemical
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SK-Sinopec joint venture to invest W740b to raise production capacity A joint venture between SK Innovation and Sinopec of China has decided to invest 740 billion won ($653.8 million) to expand its production capacity by some 36 percent, officials in Seoul said Tuesday. The Sinopec-SK Wuhan Petrochemical joint venture was established in 2013 with the -
LG Chem to spend W 230 bil. on Naju plant
- October 24, 2017
- Posted by: ssr
- Category: Chemical
LG Chem to spend W 230 bil. on Naju plant By Yoon Sung-won LG Chem, Korea's leading chemical company, said Thursday that it plans to spend 230 billion won ($201 million) by 2022 for the expansion and upgrade of a factory in Naju, South Jeolla Province. The Seoul-based company said that it will expand the -
KOGAS completes 10-year energy project
- September 6, 2017
- Posted by: ssr
- Category: Chemical
KOGAS completes 10-year energy project The Korea Gas Corp. (KOGAS) has accomplished its 10-year energy project in Uzbekistan. The Ustyurt Gas Chemical Complex is the biggest petrochemical plant in Central Asia. The Surgil project was launched in 2006 by a Korean consortium comprising Lotte Chemical, Korea Gas Corporation and GS E&R. The consortium established a -
Office launched for Korea-Central Asia cooperation
- August 29, 2017
- Posted by: ssr
- Category: Chemical
Office launched for Korea-Central Asia cooperation South Korea and five Central Asian countries on Monday launched an office in Seoul to facilitate diplomatic, business and people-to-people cooperation through high-level dialogue, exchanges of working-level public officials and cultural festivals. The Korea-Central Asia Cooperation Forum Secretariat is the first joint permanent body between the countries and represents -
Lotte Chemical lists Malaysian unit
- August 17, 2017
- Posted by: ssr
- Category: Chemical
Lotte Chemical lists Malaysian unit Lotte Chemical listed the shares of its Malaysian unit on the stock market there, raising about 1 trillion won ($870 million) in fresh funds, the company said Tuesday. Lotte Chemical Titan floated 2.38 billion shares on the Kuala Lumpur Stock Exchange, worth 4 trillion won. Of the 2.38 billion shares, -
Kumho Petrochemical beefs up safety
- August 10, 2017
- Posted by: ssr
- Category: Chemical
Kumho Petrochemical beefs up safety Kumho Petrochemical has improved its facility safety and monitoring systems to provide eco-friendlier workplaces. Its factories in Yeosu, South Jeolla Province, and Asan, South Chungcheong Province, have renewed their accident-free records in line with company-wide efforts. "We have made safer and eco-friendlier working environments by improving our management system and -
SK Innovation’s ad attracts 10 million viewers
- August 7, 2017
- Posted by: ssr
- Category: Chemical
SK Innovation's ad attracts 10 million viewers SK Innovation's advertisement expressed in the traditional Turkish art form "ebru" has been seen by more than 10 million viewers as of this week, the oil refiner said Wednesday. Better known as marbling here, ebru creates colorful patterns by sprinkling and brushing pigments onto a pan of oily -
SK global chemical sets up JV with China’s TCL
- August 1, 2017
- Posted by: ssr
- Category: Chemical
LG Chem wins water treatment contract in Egypt [THE INVESTOR] SK global chemical, an affiliate of leading refiner SK innovation, has recently set up a 50:50 joint venture with Chinese tech giant TCL Group for the production of chemical products for chips and displays, Chosun Biz reported on Aug. 1. The new entity, called SK TCL -
Seoul presses USFK on oil cleanup
- July 14, 2017
- Posted by: ssr
- Category: Chemical
LG Chem wins water treatment contract in Egypt By Kim Se-jeong The Seoul Metropolitan Government is organizing a forum on oil contamination in the soil of U.S. Army Garrison (USAG) Yongsan in central Seoul, Thursday, in an effort to pressure the U.S. to clean the site before its relocation is completed. The city said the -
LG Chem wins water treatment contract in Egypt
- June 19, 2017
- Posted by: ssr
- Category: Chemical
LG Chem wins water treatment contract in Egypt By Lee Min-hyung LG Chem has won an exclusive license to supply water treatment filters to a seawater desalination plant in Egypt, the company said Sunday. Under the contract with Dubai-based water management company Metito, LG Chem will provide reverse osmosis (RO) membranes for the plant, which