An Italian state-owned energy company will invest 860 billion won in Seosan, Chungcheongnam-do to build an eco-friendly oil production plant.
Chungcheongnam-do Governor Kim Tae-heum signed investment agreements with Enrive CEO, LG Chem CEO, European Corporation CEO, and Seosan Mayor Lee Wan-seop in Rome, Italy.
With this agreement, EnyLive and LG Chem will establish a joint venture by 2027 and invest 860 billion won to build a hydrogenated vegetable oil production plant in Seosan Daesan Plant.
Chungcheongnam-do said that the agreement has attracted more than 22.79 trillion won from 200 companies since the launch of the 8th popular election.
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