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Honam Mulls Petrochemical Complex in Indonesia

1:58 PM MST | March 11, 2011 | —DEEPTI RAMESH

Honam Petrochemical (Seoul) says it is considering plans to build petrochemical complexes in Asian countries outside Korea, including Indonesia. A complex in Indonesia could involve an investment of about won5 trillion ($4.45 billion), reports say. “None of the investment plans including the investment in a petrochemical complex in Indonesia has been confirmed yet,” Honam tells CW. “We are looking at various ways to invest efficiently in East Asia.” No decision has been made about locations, capacities, and the timing of the possible investments, Honam...

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