HomenewsIndustrial Chemical

  • South Korea March petrochemical exports jump 48.5% to record high

    • April 7, 2021
    • Posted by: ssr
    • Category: Chemical
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    South Korea March petrochemical exports jump 48.5% to record high SINGAPORE (ICIS)--South Korea’s petrochemical exports in March jumped by 48.5% year on year to a record high of $4.8bn on the back of a rebound in global oil prices, official data showed on Thursday. Demand for synthetic resins used in packaging materials and home appliances,
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  • Foreign IBs hike S. Korea’s 2021 growth outlook to 3.8 pct

    • April 6, 2021
    • Posted by: ssr
    • Category: Chemical
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    0406
    Foreign IBs hike S. Korea's 2021 growth outlook to 3.8 pct SEOUL, April 6 (Yonhap) -- Major global investment banks (IBs) have again upgraded their outlook for South Korea's 2021 economic growth amid growing hopes of a recovery, a report showed Tuesday.   As of end-March, nine major global IBs, including Barclays, BoA-Merrill Lynch and
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  • SK Group-Sinopec joint venture to start petrochemical production this year

    • April 5, 2021
    • Posted by: ssr
    • Category: Chemical
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    0405
    SK Group-Sinopec joint venture to start petrochemical production this year Ethylene facilities built in Wuhan, China, owned by Sinopec-SK Wuhan Petrochemical. [SK INNOVATION] A joint venture between SK Group and Sinopec plans to start producing petrochemicals at its new facilities in Wuhan, China, in the second half of the year. Sinopec-SK Wuhan Petrochemical is a
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  • (3rd LD) Exports up for 5 months in March, recovery likely to be further extended

    • April 1, 2021
    • Posted by: ssr
    • Category: Chemical
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    0401
    (3rd LD) Exports up for 5 months in March, recovery likely to be further extended By Kang Yoon-seung   SEOUL, April 1 (Yonhap) -- South Korea's exports advanced 16.6 percent in March from a year earlier on the back of solid demand for chips and autos to extend their gains for the fifth consecutive month,
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  • SK E&S to invest W1.6tr in gas field off Australia

    • March 31, 2021
    • Posted by: ssr
    • Category: Chemical
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    03312
    SK E&S to invest W1.6tr in gas field off Australia A gas field off Australia's northern coast is seen in this photo provided by SK E&S Co., a natural gas provider under SK Group, on Tuesday. (SK E&S Co.) SK E&S Co., the natural gas provider under SK Group, said it will invest 1.6 trillion
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  • GS Caltex among oil majors behind launch of a new oil exchange

    • March 31, 2021
    • Posted by: ssr
    • Category: Chemical
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    0331
    GS Caltex among oil majors behind launch of a new oil exchange The launch ceremony of International Exchange Futures Abu Dhabi at Abu Dhabi Global Market, Monday (GS Caltex) South Korean energy company GS Caltex was among the companies behind the launch of a new oil exchange in Abu Dhabi, United Arab Emirates, to help
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  • S. Korea’s exports predicted to rise 18.3 pct in March: poll

    • March 29, 2021
    • Posted by: ssr
    • Category: Chemical
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    0329
    S. Korea's exports predicted to rise 18.3 pct in March: poll By Kang Yoon-seung   SEOUL, March 29 (Yonhap) -- South Korea's exports are expected to rise 18.3 percent in March from a year earlier to extend the gains for the fifth consecutive month, led by strong demand for chips and automobiles, a poll showed
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  • Hyundai Heavy to foster hydrogen biz as new growth engine

    • March 26, 2021
    • Posted by: ssr
    • Category: Chemical
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    0326
    Hyundai Heavy to foster hydrogen biz as new growth engine By Nam Kwang-sik   SEOUL, March 25 (Yonhap) -- Hyundai Heavy Industries Group said Thursday that it will nurture hydrogen-related business as its new growth engine amid tightened environmental regulations and rising demand for eco-friendly fuels.   Under the plan, the shipbuilding group will establish
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  • Lotte GS Chemical selects Honeywell technology

    • March 25, 2021
    • Posted by: ssr
    • Category: Chemical
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    Lotte GS Chemical selects Honeywell technology Lotte GS Chemical selects Honeywell technology | Hydrocarbon Engineering Honeywell has announced that Lotte GS Chemical Corp. will use Honeywell UOP Q-Max™, Phenol 3G, and Evonik MSHP technologies to produce more than 565 000 tpy of phenol and acetone at its petrochemicals facility in Yeosu, Korea. UOP is providing a license
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  • S-Oil upgrades Ulsan plant to curb sulfur and harmful vapor

    • March 24, 2021
    • Posted by: ssr
    • Category: Chemical
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    0324
    S-Oil upgrades Ulsan plant to curb sulfur and harmful vapor S-Oil’s residue hydro-desulfurization unit at Ulsan plant. (S-Oil) S-Oil said Tuesday it has completed the upgrade of its Ulsan petrochemical plant to prevent sulfur and harmful vapor from being emitted into the air as part of an effort to accelerate the company’s environmental, social and
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