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Rising dollar puts $286m plant on hold

Rising dollar puts $286m plant on hold

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Old Jul 2nd 2003, 7:07 am
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Default Rising dollar puts $286m plant on hold

Not only refugees are having second thoughts , even polution plants like these boys are pulling the plug , near miss who would want this kind of crap anyway.


SOUTH KOREAN firm LG Chem has put on hold plans to invest $286 million in a central Queensland chemical plant.

The company, which planned to produce 300,000 tonnes a year of ethylene dichloride (EDC) at Gladstone starting in 2005, has blamed the rising Australian dollar.


http://www.thewest.com.au/20030702/b...sto103563.html


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Old Jul 2nd 2003, 7:33 am
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Default Re: Rising dollar puts $286m plant on hold

Originally posted by pommie bastard
Not only refugees are having second thoughts , even polution plants like these boys are pulling the plug , near miss who would want this kind of crap anyway.


SOUTH KOREAN firm LG Chem has put on hold plans to invest $286 million in a central Queensland chemical plant.

The company, which planned to produce 300,000 tonnes a year of ethylene dichloride (EDC) at Gladstone starting in 2005, has blamed the rising Australian dollar.


http://www.thewest.com.au/20030702/b...sto103563.html



Yes this is getting out of hand. Us dreamers are only going to be able to afford half a 4wd at this rate.
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