South Korean plant orders up by 9.5%

Myung, Gina; Kovac, Matt
January 2007
ICIS Chemical Business;1/15/2007, Vol. 2 Issue 49, p15
Trade Publication
The article reports on the petrochemical plant orders received by South Korean companies in 2006. Such orders represent a 9.5% increase from the previous year. The number of foreign plant orders won by the country in 2006 stood at $25.4 billion. The sharp rise was due to favorable crude oil prices that led to increased petrochemical plant orders, oil and gas development and various other infrastructure projects by oil-producing nations.


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