[Korea gimdohyeon financial newspaper reporters] are Daelim Industrial (ethylene production method using ECC · shale gas), the largest US ethane cracker plant embarked on an argument. If successful, the acquisition will emerge as the largest producer of ECC in the country.
According to the industry on the 20th Daelim Industrial he was involved in the development bonipchal of US natural gas company Williams Partners is released ethane cracker business unit sold. Target is selling 88.5% stake in Smart Guy olefin plant in Louisiana. The industry was expected to reach 1 trillion sales price is 2 ~ 3 trillion won by Daelim Industrial jumped addition to this solicitation are a number of global chemical company.
Oil ethylene production chemical basic material system is divided in a way that a decomposition method and ethane cracker naphtha using the shale gas (NCC).
Daelim but already producing ethylene from naphtha cracking one way Yeocheon NCC and Hanwha Group established this way is said to be less cost competitive than ethane cracker manner.
Daelim take advantage of one trillion cash equivalents (2016 year-end consolidated financial statements) amounting to 500 billion won announced a plan to raise funds for acquisitions. Daelim is the industry's analysis that there is great difficulty in financing last year to 300 billion acquisition financing scarce equipped with a stable revenue base, etc., etc. will reap a net profit of inside and outside the financial sector.
Daelim official explained, "insujeon had participated in the bidding, the result is expected to come early to the inner periphery."
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