As it seeks expansion and revenue growth in Asia, Honam Petrochemical Corp. has planned to buy out minority shareholders in subsidiary KP Chemical Corp. this year. KP Chemical, which is 52% owned by HHonam, has production bases in Korea, UK and Pakistan This step will enable to company to grow from its position as South Korea’s second-biggest ethylene producer.
For more details on Honam Petrochemical plans to buy out minority shareholders in subsidiary KP Chemical Corp. click here
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