Namhae Chemical Corp., Seoul, is planning to invest in two new projects – one plant for specialty slow-release fertilizer and one for silica. The projects will be built in the Yeosu National Industrial Complex in Jeollanam-do in southern South Korea, according to a report by Pulse, a Korean business news publication. Both ventures will be with separate, unnamed Tokyo-based companies. The partners will reportedly invest 20 billion won in the fertilizer venture, 30 billion won in silica. The fertilizer is reportedly eyed for Korea, Southeast Asia, Japan, and Australia.
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