LG Chem plans $279 million expansion of SAP, acrylic acid capacities [From the web]
SEOUL, December 26, 2017-
LG Chem will invest a total of 300 billion won ($278.6 million) to expand its petrochemical facilities in Yeosu, South Jeolla Province, the company said Tuesday.
With the investment, the company plans to increase the annual production capacities of crude acrylic acid and super absorbent polymer by 180,000 tons and 100,000 tons, respectively.
CAA is used to produce acrylates and other derivatives used in paint, paper, textile, adhesives, specialty coatings. SAP is mainly used in disposable diapers, female hygiene products and adult incontinence products.
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