Monday, September 13, 2010

South Korea's auto industry driving MEG demand in Asia

Strong growth in sales figures in South Korea's automobile industry is driving demand for mono ethylene glycol (MEG), as per Chemical Explorer. In August, South Korea's number one and the world's fiftth largest automaker Hyundai Motors reported a 17% jump in sales, affiliate Kia Motors witnessed a 55% jump in sales.

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