KBR licenses phenol technology to LG Chem plant in South Korea

Global engineering, construction and services company KBR has licensed its phenol technology to LG Chem's 240,000t per year phenol plant in Daesan, South Korea.

The Daesan plant will be LG Chem's second licence for KBR's phenol technology; the first phenol plant in Yesou was licensed in 2002.

The new facility will be part of an integrated, world-scale facility.

KBR will also provide the necessary engineering services to help LG Chem meet its project schedule, which will come onstream during the first half of 2013.