DSM Chemicals, Kolon Industries and Namhae Chemical.
DSM Chemicals, Kolon Industries
DSM Chemicals, Kolon Industries and Namhae Chemical signed a joint venture agreement for the production of caprolactam in the Republic of South Korea. Named Hanhwa Lactam ß-lactam see under antibiotic.
lac·tam (l k tm, the joint venture will have a total production capacity of 140,000 metric tons that will be executed in stages beginning with an initial annual output of 70,000 metric tons. Total investment is $200 million, with DSM investing 50%, Kolon 30% and Namhae 20%. Site preparation and construction will begin soon and commercial operation will commence in 1994.
COPYRIGHT 1991 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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