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LG Chemical to set up petrochemical complex in Kazakhstan
26 Aug '11
1 min read
One of the biggest petrochemical producers in South Korea – LG Chemical announced that it would set up a petrochemical plant complex in Kazakhstan.
The plant will be set up at a cost of four billion US dollars in a joint venture with state-owned Kazakhstan Petrochemical Industries (KPI).
The complex will have a capacity to produce 840,000 tons per annum of ethylene and 800,000 tons per year of polyethylene.
Commercial production of the plant is expected to begin in 2016.
The plant will be set up at a cost of four billion US dollars in a joint venture with state-owned Kazakhstan Petrochemical Industries (KPI).
The complex will have a capacity to produce 840,000 tons per annum of ethylene and 800,000 tons per year of polyethylene.
Commercial production of the plant is expected to begin in 2016.
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