Analysis of the impact on the stock market of chemical disasters: petrochemical companies in industrial complex in Korea
The chemical industries in Korea have the industrial structure of a developing country focused more on basic chemical compounds and wider use of products rather than fine chemical goods. The chemical industry is composed of 10% knowledge (pharmaceuticals), 30% specialty (consumer products, agricultural chemicals, coatings, and fine chemicals), and 60% basic (polymers, synthetic rubber and fibers, basic inorganic chemicals, and basic organic chemicals). This study examined 18 different petrochemical, food chemical and steel companies with 26 chemical disasters. Capelle-Blancard, Laguna (2010) ...
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