Tag Archives | South Korea

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South Korea To Raise C2 Capacity By 9.2 Percent

By John Richardson

SOUTH Korea is set to raise its ethylene and propylene capacities by 700,000 tonne/year and 740,000 tonne/year by 2013, Seo Kyung Sun, executive director of the consulting business of Seoul-based Chemical Market Research Inc (CMRI) told the …

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Indian PP producers benefit from strong growth

By Malini Hariharan

Indian polypropylene (PP) demand continues to remain strong with most end-use sectors showing good growth and it is local producers who are catering to the additional requirement.

Polypropylene (PP) demand is estimated to have expanded by 13% …

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What’s next for Honam?

By Malini Hariharan

Honam Petrochemical’s plan to acquire Malaysia’s Titan Chemical could well be the start of the South Korean major’s foray overseas.

“Honam will keep looking for other M&A opportunities in the chemicals space,” said a source close to …

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Honam plans Titan expansion

By Malini Hariharan

News is trickling in on Honam Petrochemical‘s plans for Titan Chemicals once it completes the acquisition at the end of the year.

A source close to the company said that revamping of Titan’s two crackers have been …

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Honam Set For Further Buys After Titan Deal

The layout of the Pasir Gudang complex

 

Source of picture: Titan Chemicals

 

By John Richardson and Malini Hariharan

HONAM Petrochemical’s plan to buy Malaysia’s Titan Chemicals  for $1.5bn – which was announced today – is likely to be followed …

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India set to announce final ADD on PP

By Malini Hariharan

India’s long-running investigation into dumping of polypropylene (PP) from Saudi Arabia, Singapore and Oman is inching to a close. Final anti-dumping duties (ADD) are expected to be announced soon, say industry sources.

Affected producers have made their …

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India to investigate PP imports from Korea, Taiwan and the US

By Malini Hariharan

India will soon initiate an anti-dumping investigation into polypropylene (PP) imports from South Korea, Taiwan and the US. This follows an application made by Indian PP producers last year.

A couple of market sources have forwarded the …

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Korea’s Kumho faces heavy dose of restructuring

By Malini Hariharan

The financially troubled Kumho Asiana group, with assets stretching from petrochemicals to airlines, has finally been able to work out a plan that should satisfy its creditors.

The Korea Herald reports that the group plans to raise …

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Unravelling China’s polyester market

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections)

China’s immense appetite this year for all petrochemicals has been puzzling many of us. This blog has been regularly asking questions and some answeres for the polyester and …

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All’s well in South Korea – for now

By Malini Hariharan (Malini is now joint blogger for Asian Chemical Connections)

South Korean petchem majors are expected to post another quarter of bumper earnings thanks to high operating rates and strong sales volumes.

A Seoul-based equity research analyst think …

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