LG TO INCREASE ABS CAPACITY
AsiaInfo Services, August, 1999
AsiaInfo Services 08-30-1999 LG to Increase ABS Capacity CHINA, August 30, AsiaPort -- Informed sources said that LG Chemical Co is about to invest US$ 100 million to increase the ABS capacity in Ningbo LG Yongxing Chemical Co, a joint venture between LG and Yongxing Chemical Co.
The existing capacity of ABS in Ningbo LG Yongxing Chemical Co is 50,000t/a. LG is planning to increase the capacity by 300,000t/a. Ningbo LG Yongxing Chemical Co was onstream in June 1998 with LG Company taking 75 percent of the stock holding. Copyright 1999 AsiaInfo Services (via Comtex). All rights reserved
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