South Korean petrochem makers plan to streamline operations and hive off subsidiaries

07-Jan-09
South Korea's petrochemical producers are laying impetus on moves to downsize their business operations in a bid to cope with sharply falling demand. Majors, including LG Chem and SK Chemicals are engaged in an effort to streamline their operations and sell their subsidiaries to create synergy.
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Large capacity chemical storage tanks

Large capacity chemical storage tanks