LG Chem acquires Dow Chemicals’ stake in PC venture

06-Oct-10
South Korea’s largest chemicals maker, LG Chem Ltd., has bought out LG Dow Polycarbonate Ltd., a joint venture with Dow Chemical Co, as per Bloomberg. The joint venture is LG Chem’s wholly owned unit as of Oct. 1. However, the value of the purchase has not been disclosed. LG Dow Polycarbonate Ltd. has two plants with a total capacity of 170,000 tpa in Yeosu.
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