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Songwon Industrial will spend $20 million to build a plant in Maeam, South Korea, for high-purity isobutylene, which the firm uses as a raw material to produce antioxidants. Songwon says the facility, set to open in early 2009 with a capacity of 30,000 metric tons per year, will be the world's first large-scale isobutylene plant to start with the raw material tert-butanol. Other such plants, the company says, start with raw materials based on crude oil.
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