South Korea's leading petrochemical firms have agreed to further increase their investment this year as part of efforts to create jobs and boost their exports, as per government sources as reported by Yonhap. In a special meeting with Energy Minister Yoon Sang-jick, the companies reported they plan to invest 7.5 trillion won (US$7.35 bln) this year, up from about 6.5 trillion won in 2013, according to the Ministry of Trade, Industry and Energy.
The meeting was attended by senior officials from the country's top 30 petrochemical companies, including LG Chem and GS Caltex.
21-Aug-14 
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