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November 19, 2007
Songwon (Ulsan, Korea) says it will invest $20 million to build a 30,000 m.t/year high-purity isobutylene plant at Maeam, Korea. The company says the plant will be the world’s...
http://www.chemweek.com/regions/north_asia/korea/Songwon-Plans-New-Isobutylene-Plant-in-Korea_9025.html
November 7, 2007
The International Council of Chemical Associations (ICCA) has announced that South Korea's chemical industry association, the Korean Chemical Industry Council (KOCIC; Seoul) has become...
http://www.chemweek.com/regions/north_asia/korea/Korean-Association-Joins-ICCA-Russia-Signs-Up-to-Responsible-Care_8711.html
October 31, 2007
South Korea and Russia Embrace ICCA Values The International Council of Chemical Associations (ICCA) says South Korea’s industry association the Korean Chemical Industry Council...
http://www.chemweek.com/regions/north_asia/korea/South-Korea-Becomes-ICCA-Member_8618.html
October 30, 2007
3M has filed a lawsuit against LGS, a manufacturer of optical displays and electronics components, in the District Court of Seoul. The suit charges that LGS’s optical films used...
http://www.chemweek.com/regions/north_asia/korea/3M-Sues-Display-Maker_8573.html
October 22, 2007
Total Petrochemicals has started up a 300,000-m.t./year polypropylene (PP) line at its Samsung Total Petrochemicals joint venture at Daesan, Korea. PP capacity has risen to 554,000...
http://www.chemweek.com/regions/north_asia/korea/Samsung-Total-Starts-PP-Line_8439.html
October 17, 2007
Total says that it has started a 300,000-m.t./year polypropylene (PP) production line at its jv plant in South Korea. PP capacity a the site will be 554,000 m.t./year. The Daesan plant...
http://www.chemweek.com/regions/north_asia/korea/Total-Samsung-Starts-PP-Production-at-Daesan_8357.html
October 16, 2007
BP has agreed to sell its 47.4% stake in Samsung Petrochemical (SPC) to Samsung Corp. and Lee Bu-jin for a combined $70 million in cash. Samsung Corp., the trading arm of the Samsung...
http://www.chemweek.com/regions/north_asia/korea/BP-Sells-Stake-in-Korean-PTA-Venture_8268.html
October 16, 2007
LG Chem’s petrochemicals business reported third-quarter operating profit up 172%, to 170.9 billion won ($187 million), on sales up 6%, to 1,743 billion won. Strong polyolefin prices...
http://www.chemweek.com/regions/north_asia/korea/Strong-Selling-Prices-Lift-LG-Chems-Chemical-Profits_8341.html
October 15, 2007
Songwon Industrial (Seoul) says it is planning to become a stronger player in the plastics stabilizer market, and plans to triple sales to about $300 million/year by 2010. Achieving...
http://www.chemweek.com/regions/north_asia/korea/Songwon-Outlines-Plans-in-Plastics-Stabilizer-Market_8308.html
October 10, 2007
BP has agreed to sell its 47.4% stake in Samsung Petrochemical, a leading producer of purified terephthalic acid....
http://www.chemweek.com/regions/north_asia/korea/BP-Sells-Stake-in-Korean-PTA-Venture_8227.html
September 12, 2007
Air Products says it has entered into a long-term agreement to supply nitrogen to Hynix Semiconductor's (Icheon, Korea) new back-end test and packaging fab that Hynix is building at...
http://www.chemweek.com/regions/north_asia/korea/Air-Products-to-Supply-Nitrogen-for-Korean-Chip-Producer_7691.html
September 7, 2007
DuPont says it has added 20,000 m.t./year of capacity at its Ulsan, Korea compounding facility for nylon resins. Total capacity was not disclosed. The expansion is in response to...
http://www.chemweek.com/regions/north_asia/korea/DuPont-Adds-Capacity-in-Korea_7449.html
August 28, 2007
Stone & Webster says it has been awarded a contract by Lotte Daesan Petrochemical Corp. (Seoul) to expand capacity of an ethylene plant at Daesan, Korea from 650,000 m.t./year, to...
http://www.chemweek.com/regions/north_asia/korea/Stone-and-Webster-Lands-Korean-Cracker-Expansion_7115.html
August 20, 2007
Jotun says it is will invest $37 million to build a marine and protective coatings plant at Pusan, South Korea that will more than double capacity to 40 million liters/year...
http://www.chemweek.com/regions/north_asia/korea/Jotun-Expands-in-South-Korea_7042.html
August 20, 2007
HuChems Fine Chemicals Corp. (Seoul) says it will build a 150,000-m.t./year mononitrobenzene (MNB) plant at its Yeosu, Korea complex. It has awarded a technology package to Noram...
http://www.chemweek.com/regions/north_asia/korea/HuChems-Builds-MNB-Plant-in-Korea_7027.html
August 7, 2007
Kim Seung-youn, the chairman of Hanwha Group (Seoul), has been sentenced to 18 months in jail after being convicted of assault by a Korean court. The prison sentence could complicate...
http://www.chemweek.com/regions/north_asia/korea/Hanwha-Chief-Goes-to-Jail_6907.html
August 7, 2007
Compañía Española de Petróleos (Cepsa; Madrid) and Hyundai Oilbank Co. (HDO; Seoul) have signed a memorandum of understanding (MoU) with local authorities...
http://www.chemweek.com/regions/north_asia/korea/Cepsa-Signs-Agreement-for-Korean-Aromatics-JV_6861.html
August 6, 2007
Korea’s Fair Trade Commission (FTC; Seoul) has fined nine Korean companies a combined won105.1 billion ($112 million) for conspiring to fix prices of polypropylene (PP) and...
http://www.chemweek.com/regions/north_asia/korea/Korea-Fines-Firms-for-Fixing-PP-and-HDPE-Prices_5741.html
August 6, 2007
PolyMirae (Yeosu, Korea) is studying plans to add polypropylene (PP) capacity at its Yeosu complex, CW has learned. The company is a 50-50 joint venture between Daelim Industrial...
http://www.chemweek.com/regions/north_asia/korea/PolyMirae-Eyes-PP-Expansion-in-Korea_5718.html
July 31, 2007
S-Oil Corp. (Seoul) has completed the installation of ExxonMobil Chemical Technology Licensing’s Pxmax technology at S-Oil’s Onsan, Korea refining and petrochemical...
http://www.chemweek.com/regions/north_asia/korea/Korean-Firm-Installs-ExxonMobil-P-Xylene-Technology_6682.html
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