KOREA

Canpotex Raises Korean Contracts
Canpotex, which exports potash for Canadian producers, says it...

LG Chem to Spin off Industrial Materials Business (Update, adds analyst comment)
LG Chem has approved plans to spin off its industrial materials business into a separate entity, effective April 1, 2009. LG Chem's shares will be split into two entities with an approximate ratio of 0.88 (LG Chem): 0.12 (spun-off entity), says Moody's...

LG Chem's Profits and Sales Soar
LG Chem has recorded a 43% increase in net profits, to won301 billion ($249 million) for the third quarter. And sales for the period increased by 47% to won4.06 trillion, say...

Total’s Claude: Improved Competitiveness Key in Challenging Markets
The petrochemical industry is following a downward trend due to weaker-than-expected markets in 2008, marked by high feedstock costs, lagging polymer prices, excess capacity, and overall poor economic conditions, Bernard Claude, President and CEO of Total...

Samsung Bags S-Oil Aromatics Contract
Samsung Engineering says it has been awarded an engineering, procurement, and construction contract for a previously announced aromatics...

More Stories »