LG’S NEW VIETNAM PRODUCTION PLANT OPENS FOR BUSINESS
LG’S NEW VIETNAM PRODUCTION PLANT OPENS FOR BUSINESS USD 1.5 Billion Haiphong Facility to Play Key Role in LG’s Global Manufacturing Strategy SEOUL, Mar. 27, 2015 — LG Electronics (LG) today officially announced the opening of its newest production facility in Vietnam with the completion of the main building at its Haiphong Campus.
LG Chem
often referred to as LG Chemical, is the largest Korean chemical company [1] and is headquartered in Seoul, South Korea. It was the 10th largest chemical company in the world by sales in 2017. [citation needed] It was first established as the Lucky Chemical Industrial Corporation, which manufactured cosmetics.
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DOP DINP DOTP LX-XP 20 Plasticizer Plasticizer Plasticizer Plasticizer Office Location Vietnam Luxchem Vietnam Company Limited Address: F.32. Lot F, 40 Ba Huyen Thanh Quan Street, Ward 06, District 03, Ho Chi Minh City, Vietnam 6, Jalan SS21/ 58
- Where is vpchem made?
- VPCHEM's factory in Binh Duong province, southern Vietnam. Photo courtesy of the firm. With the acquisition of VPCHEM, the sole plasticizer manufacturing facility in Vietnam, Aekyung Chemical has increased its annual plasticizer production capacity from the existing 550,000 tons (400,000 tons in Korea and 150,000 tons in China) to 660,000 tons.
- Did Aekyung chemical buy vpchem?
- Aekyung Chemical acquired the 50% in VPCHEM previously held by LG Chem, Korean media reported, citing the former’s announcement on Friday. VPCHEM's factory in Binh Duong province, southern Vietnam. Photo courtesy of the firm.
- Who owns vpchem?
- VPCHEM was established in 1995 as a joint venture between LG Chem, Southern Fertilizer JSC (under Vietnam Chemical Corporation) and Vietnam Petroleum Corporation (under oil and gas group Petrovietnam), according to information filed on the company’s website.
- What is the growth rate of the plasticizer market in Vietnam?
- The Vietnamese domestic market is expected to grow by 3.7% annually, driven by the expansion of specialized applications for plasticizers due to industrial advancement and improved income levels.
