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Chemical Week Magazine :: Business & Finance :: Asia/Pacific

LG Chem invests more than $300 million to up acrylic acid capacity

10:02 AM MST | January 20, 2014 | —Deepti Ramesh

LG Chem (Seoul), South Korea’s largest chemical company, says that it will invest 320 billion South Korean won ($302 million), to increase production capacity for acrylic acid at the company’s site at Yosu, South Korea. Acrylic acid capacity at the site will increase from 350,000 m.t./year to 510,000 m.t./year. The expansion is expected to be completed in 2015. Acrylic acid is the raw material used to produce superabsorbent polymers (SAPs). LG Chem says it will also increase production capacity for SAP at Yosu from 280,000 m.t./year to 360,000...

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