LG Chem plans $262m expansion of superabsorbent polymers unit

17 September 2010 08:46  [Source: ICIS news]

SINGAPORE (ICIS)--South Korean producer LG Chem will spend won (W) 305bn ($262m) to expand its 72,000 tonne/year superabsorbent polymers and acrylate production facility in Yeosu, a company source said on Friday.

Work at the facility was expected to be completed by June 2012, the source said, but declined to reveal the size of the expansion.

Expansions were needed to keep up with demand from superabsorbent polymers-related products and to extend the firm’s business scope, said the source.

Superabsorbent polymers are commonly used in personal hygiene products such as baby diapers and sanitary napkins.

($1 = W1,163)

For more on LG Chem, visit ICIS company intelligence
Please visit the complete ICIS plants and projects database
To discuss issues facing the chemical industry, go to ICIS connect

By: Nurluqman Suratman

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly