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Samsung Total to invest USD1.4 bln in a paraxylene plant at Daesan

December 26/2011

(plastemart) -- The board of directors of Samsung Total Petrochemicals has approved an investment outlay of Won 1.66 trillion (USD1.44 bln) to build a new 1 mln tpa paraxylene plant at its Daesan complex.

The companys paraxylene capacity will increase to 1.6 mln tpa when the new plant comes on line in September 2014.

Samsung Total is a 50-50 joint venture between South Korea's Samsung Group and the French chemical group Total.

Tags:paraksilol, neftehimiya.
Category:General News
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