Honam Petrochemical is to foray into polyethylene terephthalate (PET) film business as a part of its expansion strategy in the performance material business. Honam, an affiliate of the Lotte Group, plans to build this production facility within KP Chemical’s site in Ulsan. Capacity is planned to be 20,000 tpa by 2012 and 40,000 tpa by 2014.
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