S.Korea's Hanwha Total to expand PE capacity
by ChemOrbis Editorial Team - content@chemorbis.com
According to a statement on the company’s website, South Korea’s Hanwha Total Petrochemicals Co., a joint venture between Hanwha Group and Total SA., is planning to invest 360 billion won ($329 million) to expand its refining and petrochemicals output at its site in Daesan, South Korea.
As part of the expansion project, the company will boost its PE capacity by 50% to 1.1 million tons/year upon its completion by the end of 2019.
The additional PE output from the company’s site will be supplied to the domestic demand and exported to China’s growing market.
As part of the expansion project, the company will boost its PE capacity by 50% to 1.1 million tons/year upon its completion by the end of 2019.
The additional PE output from the company’s site will be supplied to the domestic demand and exported to China’s growing market.
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