HANWHA TOTAL PETROCHEMICAL
Additional C2 capacity in South Korea now in operation / More downstream polyolefins to follow
After two and a half years of construction, Hanwha Total Petrochemical (Daesan / South Korea; www.hanwha-total.com) has started up the additional ethylene capacity at its integrated complex in Daesan. Around USD 450m was invested to raise capacity by 30% to 1.4m t/y of C2 Ė see Plasteurope.com of 19.04.2017.

Commissioning of an expanded polyethylene line is to follow by the end of 2019, the company says. More than USD 300m will be put into extending PE production by 50% to 1.1m t/y. A third phase of the project costing nearly USD 500m will also see PP capacity raised by almost 60% to 1.1m t/y by 2021.

The projects take advantage of cheaper propane feedstock coming from US shale deposits. Total notes that the JVís expanded production volumes can help meet rapidly rising demand in Asia.

Hanwha Total, formerly Samsung Total, is a 50:50 JV between Hanwha (Seoul / South Korea; www.hanwha.com) and Total (Paris / France; www.total.com). According to Plasteurope.comís Polyglobe database (www.polyglobe.net), extensive aromatics activities are downstream of its main naphtha cracker, in addition to 395,000 t/y of LDPE/EVA, 295,000 t/y of HDPE and LLDPE as well as 700,000 t/y of PP, among others.

23.09.2019 Plasteurope.com [243495-0]
Published on 23.09.2019
Hanwha Total: Erweiterte C2-Kapazitšten in Daesan in BetriebGerman version of this article...

© 2001-2019 Plasteurope.com  |  Imprint  |  Privacy

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Trade Names | Videos | Associations & Institutions | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2019 by Plasteurope.com, Bad Homburg
Date of print: 22.11.2019 09:05:24   (Ref: 981054888)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp