Ticona buys KEP

27 December 1999 00:00 Source:ICIS Chemical Business

Celanese's engineering polymers division Ticona has bought over Hyosung Corp's 50% stake in Korean Engineering Plastics (KEP), which operates a 55 000 tonne/year polyacetal copolymer plant in Ulsan, South Korea. The remaining 50% stake is held by Japan's Mitsubishi Gas Chemical and Mitsubishi Corp.