South Korea: Petrochemicals Grace’s Unipol PP Process Technology licensed to Hanwha Total
The specialised technology will be used for Hanwha Total Petrochemical’s new PP production facility in Daesan, South Korea. The facility is expected to commence operations in 2021.
Columbia/USA – WR Grace & Co. has contracted to license its Unipol PP Process Technology to Hanwha Total Petrochemical Co., for a new PP production facility in Daesan, South Korea. With a capacity of 400 kilo tonnes per year, the PP line is expected to begin operations in 2021.
Hanwha Total Petrochemical is a 50/50 joint venture between Hanwha General Chemicals Co. and Total. Hanwha is South Korea’s leading producer of purified terephthalic acid (PTA), a primary component in many types of polyester. The joint venture’s Daesan petrochemical complex consists of 13 separate plants, producing polymers, base chemicals, and oil products.