P&O Chemical to invest $63.5M in petroleum pitch plant in South Korea

P&O Chemical, a joint venture between Posco Chemical and OCI, will invest 74.5 billion won to build a 15,000 metric ton per year petroleum pitch production facility in South Korea, with production start targeted for 2024.

“P&O Chemical, a joint venture between Posco Chemical and OCI, said on Thursday that it will invest 74.5 billion won ($63.47 million) to produce 15,000 metric tons of petroleum pitch with a high softening point annually at home.”pulse.mk.co.kr

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• pulse.mk.co.krPosco Chem-OCI JV to produce secondary battery materials Petroleum pitch - 매일경제 영문뉴스 펄스(Pulse)Aug 27, 2021

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