ID :
60791
Fri, 05/15/2009 - 16:22
Auther :

LG Chem plans US$50 mln plant in China

LG Chem plans US$50 mln plant in China
SEOUL, May 15 (Yonhap) -- LG Chem Ltd., South Korea's top chemicals maker, said
Friday it plans to spend US$50 million to build a synthetic rubber plant in
China.

The new plant, to be located in Tianjin, will be completed in the first half of
next year, LG Chem said in a regulatory filing.
LG Chem aims to generate $150 million in sales by 2011, according to the filing.
(END)

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