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Versalis and Honam Petrochemical have agreed to build an elastomer plant at Honam’s site in Yeosu, South Korea. The facility, with a capacity of 200,000 metric tons per year, is scheduled to come on-line in 2015. The companies have not disclosed the plant’s product slate or how much they will invest. Last month, Versalis CEO Daniele Ferrari told C&EN that the company intends to leverage its elastomer technology to boost its presence in Asia (C&EN, Oct. 1, page 38).
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