Atofina, TotalFinaElf’s chemicals subsidiary, and South Korea’s Samsung have signed a memorandum of understanding to establish a petrochemicals joint venture in South Korea. Samsung General Chemicals will transfer its assets to the new company, equally owned by both partners. The joint venture will produce and market a wide range of base petrochemicals and polyolefins from…
KOREA: TotalFinaElf unit to set up a petrochemicals JV with Samsung in South Korea
Posted on January 6, 2003 by EnergyAsia