synthetic rubber Archives | Be Korea-savvy

Daelim Invests US$50 mln in Brazilian Unit’s Synthetic Rubber Business

SEOUL, July 17 (Korea Bizwire) — Daelim Industrial Co., a major construction and petrochemical player in South Korea, said Friday that it will invest US$50 million in its synthetic rubber unit, Cariflex, to meet growing demand for rubber latex amid the coronavirus pandemic. The facility investment will double the annual production capacity of synthetic rubber [...]

Daelim Industrial to Buy Kraton’s Synthetic Rubber Business

SEOUL, Oct. 31 (Korea Bizwire) — Daelim Industrial Co., a major construction and petrochemical firm in South Korea, announced Thursday it has decided to acquire a synthetic rubber unit of American chemical giant Kraton Corp. for US$530 million. Under the deal, Daelim will get the Cariflex business of Kraton, including its plant in Brazil and [...]