South Korea’s LG Chem buys 200,000 tonnes naphtha for 2011

06 October 2010 04:01  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s LG Chem has awarded a term import tender for 200,000 tonnes of naphtha for delivery between January and December 2011, traders said on Wednesday.

The cargoes were done at a discount of $4/tonne (€2.90/tonne) to Japan quotes CFR (cost & freight), they said.

LG Chem runs two crackers in Daesan and Yeosu, with nameplate capacities of 760,000 tonnes/year and 1m tonnes/year, respectively.

($1 = €0.72)

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: Felicia Loo



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