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S Caltex completes polymer compound plant in East China

31-Oct-11

South Korea’s second-largest refiner -S Caltex Co. has completed a polymer compound plant in Suzhou, Jiangsu Province, eastern China. Commercial operations have commenced with an annual output of 37,000 tons of polymer compounds widely used for making cars and home appliances. With this, GS Caltex aims to capture a 7% share of the fast-growing Chinese market for polymer compounds.

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