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YNCC to invest 666 mln dollar to boost petrochemical production

South Korea based Yeochun NCC is planning for major investment its naphtha-cracking center. There will be an investment of 666 mln dollar in production of naphtha cracking and building a new butadiene plant.

The company would spend $538.4 million on expanding the production capacity of its naphtha-cracking center from 1.95 million tons of ethylene to 2.28 million tons by 2020.