Integrated oil and gas company TOTAL S.A. (NYSE:TOT) decided to expand its Asian footprint by making fresh investments in its existing operation in South Korea. TOTAL started an operation in South Korean through a 50/50 joint venture with Samsung in 2003.
The alliance resulted in the creation of Samsung Total Petrochemicals, which looks after the Daesan complex in South Korea. The new investment will be directed towards upgrading as well as creating another aromatics unit and an ethylene-vinyl … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards