PE price probe results due

Kovac, Matt
November 2006
ICIS Chemical Business;11/27/2006, Vol. 1 Issue 45, p12
Trade Publication
This article talks about the investigation conducted by South Korea's Fair Trade Commission on the alleged price fixing among local polyethylene producers which is claimed to have led to inflated profit margins. Companies that could be affected are Honam Petrochemical and Korean Petrochemical Industrial, according to Thomas Yi, an analyst at Samsung Securities. But LG Chem and SK Corporation were expected to escape from being fined due to their limited exposure to the domestic market.


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