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Korea Kumho inked an agreement for butadiene JV

March 21/2011

(Plastemart) -- Korea Kumho Petrochemical Co. has inked an agreement for a 50:50 butadiene JV with JG Summit Petrochemical Corp. (JGSPC) of the Philippines. The JV will be located in Bantangas, about 110 kilometers south of Manila.

Kumho Petrochemical Co., Ltd. is a Korea-based company engaged in the manufacturing of synthetic rubbers and resins. The Company mainly provides three categorized products: synthetic rubber, synthetic resins and fine chemicals. Its synthetic rubber products include styrene butadiene rubbers (SBRs), acrylonitrile butadiene rubbers, styrene butadiene latexes, polybutadiene rubbers and others used for tires, shoes, belts and industrial rubber products. Its synthetic resin products, including polystyrene (PS), acrylonitrile butadiene styrene (ABS), expandable polystyrene (EPS), polypropylene glycol (PPG) and other products, are used in electrical and electronic products, automobiles, cosmetic cases, sporting goods and other products.

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