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South Korea's LG Chem to invest USD 4 bln in Kazakhstan petrochem complex

August 26/2011

(Reuters) - LG Chem , South Korea's top chemical company, said on Thursday that its joint venture would invest USD 4 billion to build a petrochemical complex in Kazakhstan.


The joint venture with state-run Kazakhstan Petrochemical Industries (KPI) will build ethylene and polyethylene plants with an annual capacity of 840 KT and 800 KT respectively and start commercial production from the facilities in 2016, LG Chem said in a statement. 


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Tags:PE, ethylene, LG Chem.
Category:General News
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