is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Consortium To Buy Hyundai Petrochem

Aconsortium led by LG Chem and Honam Petrochemical, both in Seoul, Korea, has agreed to acquire Hyundai Petrochemical, also in Seoul, from its creditors for 1.76 trillion won ($1.5 billion). Hyundai is a leading Korean producer of polyolefins, with 655,000 tonnes/yr of polyethylene capacity and 500,000 tonnes/yr of polypropylene capacity.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.