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World News and Views :: Projects

Hanwha Discusses Saudi Cracker

2:31 PM MDT | July 31, 2007 | Chemical Week Editorial Staff

Hanwha Chemical (Seoul) says it is in advanced negotiations on a won6 trillion-won7 trillion ($6.5 billion-$7.5 billion) project to build a naphtha cracker in Saudi Arabia. Signing of a final agreement has been delayed, however, due to the jailing of Hanhwa chairman, Kim Seung-youn, in Korea last month after he was found guilty of assault and...

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