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Honam Mulls Building Petrochemical Complex in Indonesia

8:14 AM MST | March 4, 2011 | Deepti Ramesh

Honam Petrochemical (Seoul) informed the Korean stock exchange that it is considering building petrochemical plants in foreign countries, including in Indonesia, say press reports. The complex in Indonesia could involve an investment of about won5 trillion ($4.5 billion). No further details were disclosed. The complex, once built, would make Honam the largest petrochemicals producer in Asia, reports add. Honam acquired Titan Chemicals (Kuala Lumpur) last...

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