South Korea's Honam Petrochemical said on Friday it was considering building a petrochemical complex in Indonesia, which the market estimates could cost up to 5 trillion won ($4.49 billion).
Asia's No.2 petrochemical maker reported to the stock market that it was considering building petrochemical plants in foreign countries including Indonesia under its mid- and long-term plans, although nothing had been finalised.
It currently has a combined production capacity of 2.5 million tonnes per year in South Korea and Malaysia where it had received takeover approval from shareholders of Malaysia's largest petrochemical maker Titan Chemicals TTNP.KL last December. Source: Reuters
Asia's No.2 petrochemical maker reported to the stock market that it was considering building petrochemical plants in foreign countries including Indonesia under its mid- and long-term plans, although nothing had been finalised.
It currently has a combined production capacity of 2.5 million tonnes per year in South Korea and Malaysia where it had received takeover approval from shareholders of Malaysia's largest petrochemical maker Titan Chemicals TTNP.KL last December. Source: Reuters
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