Kumho Petrochemical

Kumho Petrochemical plans to expand its NB latex production capacity by 60,000 tons in the second half of 2020, increasing total capacity to 640,000 tons. The expansion aims to maintain its position as the world's largest NB latex producer, responding to demand from nitrile glove manufacturers.

Kumho P&B Chemicals, a subsidiary of Kumho Petrochemical, will invest 200 billion won to expand its Bisphenol-A (BPA) production capacity by 200,000 tons per year at its Yeosu plant in South Korea, targeting completion by December 2023.

SK Materials has signed an agreement to acquire Kumho Petrochemical's electronic materials business for 40 billion KRW, entering the photoresist material market.