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Business

Versalis Slates South Korean Plant

by Jean-François Tremblay
October 15, 2012 | A version of this story appeared in Volume 90, Issue 42

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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