Breaking News

LG To Acquire Kolon's SAP Biz

June 27, 2008

The incorporated SAP business with LG Chemical will begin August 1.

Plans are underway to incorporate the SAP business of Kolon Industries’ Chemical Organization into LG Chemical, one of the biggest petrochemical companies in Korea and a  producer of acrylic acid and its derivatives. “With this vertical integration, we will be able to enhance our supply stability greatly, and expect to expand our business in the near future,” commented Joon-Soo Han, CEO of Kolon Industries. “We believe these powerful synergy effects will offer a considerable benefit to our customers and assist them in becoming more competitive.”
Under the restructuring plan, which is expected to be completed in July,  the SAP business’ production, quality control, quality assurance and R&D staff will remain unchanged. The incorporated SAP business with LG Chemical will begin August 1.
  • 2016 International Buyers Guide

    2016 International Buyers Guide

    July 15, 2016
    Our annual Buyers’ Guide lists nearly every supplier and producer involved with the global nonwovens industry.

  • Raw Material Round Up

    Raw Material Round Up

    Karen McIntyre, Editor||June 9, 2016
    Suppliers to nonwovens manufacturers continue to innovate.

  • Fiber Producers Hone in on Hygiene

    Fiber Producers Hone in on Hygiene

    Tara Olivo, Associate Editor||June 9, 2016
    Growth in hygiene markets has spurred innovation among these suppliers to the nonwovens industry.