LG Chem plans to boost its 2014 capital expenditures by 41% year on year to Won 1.95 trillion (US$1.8 billion) with plant upgrades and a planned petrochemical complex in Kazakhstan, as per Platts. Upgrade of facilities of superabsorbent polymers and synthetic rubber is on the cards, along with a new polyethylene plant in Kazakhstan. South Korea's largest chemicals maker aims to increase 2014 revenues by 3.6% to Won 23.92 trillion, from Won 23.14 trillion in 2013.. The company did not provide further details.
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