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LG Chem is investing approximately $400 million to modernize and expand its ABS plastics production facility at Yeosu, South Korea. The project includes building a new 222,000-ton-per-year ABS line and shutting down an old 140,000-ton line, increasing total annual capacity from 1 million to 1.08 million tons by 2024.
“LG plans to carry out the expansion of the ABS plant in Yeosu by 2024 using energy-efficient technology.”korea-certification.com
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