LG chemical to raise investment in Chinese market
Emerging Markets Economy, Sep 8, 2003
A Korean daily has recently reported that LG chemical company decided to set up a factory in Shanghai to produce PVC door and window panes, and floor boards to satisfy the growing market demands. The Korean firm had set up a high mere sheet metal factory in Tianjin in 1996, which captured a 77% market share last year.
LG chemical company said that it would raise its investment continuously in the US$1.5 billion PVC door and window pane market in China.
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