Hanwha Total PE plant South Korea - Arhive

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Hanwha Total will open a new PE plant in South Korea at the end of 2019  Hanwha Total PE plant South Korea

Hanwha Total PE plant South Korea

MOSCOW ( MRC ) – Hanwha Total Petrochemical, a joint venture of Hanwha Chemical and Total Petrochemical for the production of petrochemical products in South Korea, plans to commission a new polyethylene (PE) plant in Daesan (Daesan, Sosan, South) by the end of 2019 Korea), ICIS reported.Hanwha Total PE plant South Korea

The capacity of the new enterprise will be 400 thousand tons of PE per year.  After its launch, the total capacity of the company producing PE will be 1.12 million tons per year.

The new plant will be able to produce both low-pressure polyethylene (HDPE) and linear polyethylene (LDL).Hanwha Total PE plant South Korea

Earlier it was noted that in April 2018, the South Korean plant Hanwha Total Petrochemicals and Ecoplastics expanded the range of ethylene-vinyl acetate film (EVA) supplied to Russia.Hanwha Total PE plant South Korea

According to Scan Report Company Market Report, in Russia in the first eight months of this year, PE output grew by 3% compared with the same period in 2017 and amounted to 1,215.5 thousand tons.Hanwha Total PE plant South Korea

Production volumes of HDPE and LDL have increased.

Hanwha Total Petrochemical Co., Ltd., a South Korean company, established in 2003 with headquarters in Seoul (Seoul, South Korea), is a joint venture of Hanwha Corporation and Total SA, each of which owns a 50% stake in the JV.

Hanwha Total manufactures petrochemical products such as polyethylene, polypropylene (PP), PP compounds, ethylene, propylene, benzene, butadiene, etc.

The company was previously called Samsung Total Petrochemicals Co., Ltd.  and changed its name in April 2015.Hanwha Total PE plant South Korea

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Author:   Margarita Volkova