The acquisition makes LG Chem the sole owner of the venture, which has two plants in Yeosu, South Korea, with a total capacity of 170,000 t/y. Cost of the deal was not given.
Dow Chemical decided to sell its polycarbonate business after its acquisition last year of Rohm and Haas, and recently completed the sale of its Styron Division, which includes poly-carbonates, to Bain Capital.
China ChemNet will hold China SNG/CBM (International) Summit on 10-12 Nov, 2010 in Changji City of Xinjiang Province. This summit is the high-end international summit under the guidance of authorities and experts, conference topics include five major aspects of policy interpretation, industry research, business promotion, business meetings and Sino-foreign cooperation, is not only the new type coal chemical industry conference, but also the best opportunity to energy giant polymerization, government and enterprises investment, investors looking for the project. Sincerely welcome you to attend the summit. Details: http://news.chemnet.com/list/zt/meeting/2010energy/index.html
