TITLE

Asian market boom threatens S Korea

AUTHOR(S)
Kovac, Matt
PUB. DATE
January 2007
SOURCE
ICIS Chemical Business;1/8/2007, Vol. 2 Issue 48, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article assesses the impact on South Korea's petrochemical industry of the expansion of plastic plants in Taiwan and Iran. The petrochemical companies in South Korea are expected to face a difficult year, as the expansion will suppress earnings for local players. The plastics plants threaten Korean companies because of their large volume and cheap output, said analyst Thomas Yi. However, analysts remain pessimistic as China will also impact Korean producers.
ACCESSION #
23760398

 

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