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Daesan integrated refining and petrochemicals complex expansion, South Korea

1st February 2019

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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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.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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