Name of the Project
Daesan integrated refining and petrochemicals complex expansion.
Location
South Korea.
Client
Hanwha Total Petrochemical, a 50:50 joint venture between Total and Hanwha.
Project Description
The project entails the further expansion of the Daesan integrated refining and petrochemical complex to increase polypropylene capacity to almost 60%, to 1.1-million tonnes a by the end of 2020.
The ethylene capacity will simultaneously increase by 10% to 1.5-million tonnes.
The additional production of high-value-added polymers will enable the complex to meet local demand and supply the fast-growing Asian market.
Potential Job Creation
Not stated.
Value
$500-million.
Duration
Not stated.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Total investor relations, tel +44 207 719 7962 or email ir@total.com.