LG Chem picks US tech licences for new cumene, BPA plants at Daesan

21 September 2011 15:26  [Source: ICIS news]

HOUSTON (ICIS)--LG Chem has chosen licences from US-based Badger Licensing for its 200,000 tonne/year cumene and 120,000 tonne/year bisphenol A (BPA) plants at Daesan, South Korea, Badger said on Wednesday.

Badger, a joint venture between affiliates of US companies Shaw Group and ExxonMobil, said LG Chem’s cumene and BPA plants are expected to start up next year.

The plants are part of South Korean company LG Chem’s integrated chemicals production complex at Daesan.

Badger also provided licences to a cumene plant and two BPA plants LG is operating at Yeosu, South Korea, it said.

“This repeat business [with LG] reinforces our commitment to customer satisfaction as we continue to develop and improve these technologies,” said Badger’s president, Mark Healey.

Financial terms were not disclosed.

LG last month chose technology from US petrochemicals engineering firm KBR for a 240,000 tonne/year phenol project at Daesan.

For more on LG Chem and other producers visit ICIS chemical intelligence

By: Stefan Baumgarten
+1 713 525 2653

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