Daesan integrated refining and petrochemicals platform expansion, South Korea
Name of the Project
Daesan integrated refining and petrochemicals platform expansion.
Location
Daesan, South Korea.
Client
Hanwha Total Petrochemical, a 50:50 joint venture between Hanwha and Total.
Project Description
The project aims to expand Hanwha Total Petrochemical’s integrated refining and petrochemicals platform. The site comprises a flexible condensate splitter and a competitive steam cracker, as well as polymers, styrene and aromatics.
The investment will increase the site’s polyethylene capacity by more than 50% to 1.1-million tons a year by the end of 2019.
This project complements the steam cracker expansion and flexibilisation project announced earlier this year, which will enable the operation to process low-cost propane feedstock, and enables the facility to capture margin along the full ethylene-polyethylene value chain.
Potential Job Creation
Not stated.
Value
$300-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 +33 1 47 44 46 99 or email ir@total.com.
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