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South Korea’s Hanwha shuts No.3 PTA plant in Ulsan

by ChemOrbis Editorial Team -
  • 21/01/2016 (16:14)
Market sources report that South Korea’s Hanwha Global Chemical shut its No.3 PTA plant in Ulsan due to weak demand and poor margins. The plant is expected to remain shut at least until the end of February.

Hanwha Global Chemical’s No.3 plan is able to produce 450,000 tons/year while the company’s No.1 and No.2 PTA plants at the same site have a combined production capacity of 850,000 tons/year.
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