Lotte Chemical and GS Energy to invest 800 bln won in petrochemical JV

Lotte Chemical Corp. and GS Energy Co. signed an agreement to form a joint venture, Lotte-GS Chemical Company, to produce bisphenol A (BPA) and C4 fraction products. They will invest a total of 800 billion won (US$677 million) by 2023 to build a plant in Yeosu, South Korea.

“Lotte Chemical and GS Energy signed an agreement to form a joint venture, tentatively named Lotte-GS Chemical Company, this year to produce chemical compounds like bisphenol A (BPA) and C4 fraction.”en.yna.co.kr

• 1 source
• en.yna.co.krLotte Chemical, GS Energy to invest 800 bln won in petrochemical JV | Yonhap News AgencyJul 15, 2019

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