World News and Views :: Projects
SK Gas to build $890-million propylene plant at Ulsan
7:25 AM MST | January 30, 2013 | Natasha Alperowicz
SK Gas (Seoul) said in a regulatory filing that it will invest $890 million to build a propylene plant at Ulsan, South Korea, as part of its push into the petrochemical industry. SK Gas, South Korea’s largest importer and distributor of liquefied petroleum gas (LPG), will build a 600,000-m.t./year propylene plant by 2016. SK Gas also says it is considering importing US shale gas–based LPG as feedstock for its petrochemical business. "Revenue of propylene is expected to reach $980 million annually when the plant starts commercial production by...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee