Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

LG Chem, Partners to Build $4.2 Billion Kazakhstan Complex

LG Chem Ltd., South Korea’s biggest chemical company, plans to build a $4.2 billion petrochemical complex in Kazakhstan with two partners.

The project will be funded by $2.97 billion of loans and $1.27 billion of investment by the venture partners, LG Chem said in a regulatory filing in Seoul today.

LG Chem plans to pay 716.9 billion won ($636 million) for a 50 percent stake, while Kazakhstan’s state-run United Chemical Co. and privately held SAT will each own 25 percent, according to the filing.

The proposed project in the Atyrau area will produce 800,000 metric tons a year of polyethylene, a raw material used to make plastics, LG Chem said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.