Arab Today, arab today hyosung to build propylene plant by 2015
Last Updated : GMT 21:16:36
Arab Today, arab today
Arab Today, arab today

Hyosung to build propylene plant by 2015

Arab Today, arab today

Arab Today, arab today Hyosung to build propylene plant by 2015

Seoul - Yonhap

Hyosung Corp., a South Korean maker of textiles and heavy machinery, said Tuesday it will spend 280 billion won (US$266 million) to build a propylene plant by May 2015. The plan was launched on expectations that the recent brisk development of shale gas may send the prices of propane, a raw material for propylene, down and help Hyosung profit more from the propylene production, it said.

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