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Lotte Chemical and GS Energy signed an investment agreement worth 800 billion won to establish a joint venture in Yeosu National Industrial Complex, South Korea. The joint venture will build a petrochemical plant producing 210,000 tonnes of C4 fraction and 200,000 tonnes of BPA annually, creating 145 direct and 7,000 indirect jobs.
“롯데케미칼㈜과 GS에너지㈜가 뜻을 모아 8천억 원대 대규모 투자를 결정한 것은 동종 업계에 좋은 본보기가 될 것”m-i.kr
Summarized from public sources; check the original articles before acting on it.