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Sumitomo Seika Establishes Korea Subsidiary

4:28 PM MDT | June 23, 2008 | Deepti Ramesh

Sumitomo Seika Chemicals (Osaka) says it plans to establish a wholly owned manufacturing and sales subsidiary in Korea to meet growing demand for its products in the Korean market. Sumitomo Seika says it will build a plant to produce high-purity ammonia gas at Paju, Korea as well as a storage facility for various gases. Construction of the plant will be completed by March 2009, and the plant will have a production capacity of 1,500 m.t./year, Sumitomo Seika says. The subsidiary will be named Sumisei Chemical Co. with headquarters as well as the manufacturing...

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