Samsung Total Expands Aromatics | Chemical & Engineering News
Volume 90 Issue 3 | p. 18 | Concentrates
Issue Date: January 16, 2012

Samsung Total Expands Aromatics

Department: Business
Keywords: petrochemicals, paraxylene, benzene, Korea

Samsung Total Petrochemicals, a South Korea-based joint venture between Samsung and Total, plans to build a $1.8 billion aromatics complex and ethylene vinyl acetate (EVA) plant at its Daesan operation. The aromatics project, to be completed in September 2014, will add annual capacity of 1 million metric tons of p-xylene and 420,000 metric tons of benzene. The EVA project, to be completed in April 2014, will produce 240,000 metric tons of the co­polymer, which is used in products such as electrical cable and adhesives. The joint venture says the new projects will bolster petrochemical sales from $6.3 billion last year to $10.8 billion in 2015.

 
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