Home breadcru News breadcru Announcement breadcru Samsung Total plans capacity expansion

Samsung Total plans capacity expansion

03 Oct '06
1 min read

Samsung Group's chemical company, Samsung Total plans to increase the production capacity to one million ton each for four flagship products-ethylene, styrene monomer, para-xylene and polypropylene by 2010.

Ko Hong-sik, the Chief Executive while unveiling the plans said that high oil prices have been a hindrance to company's growth. The company is a joint venture between Korea's biggest enterprise Samsung Group and French chemical producer Total S.A.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!