MOSCOW (MRC) -- Hanwha Chemical is
likely to take a polyvinyl chloride (PVC) plant off-stream for a maintenance
turnaround, as per Apic-online.
source in South Korea informed that the company has planned to shut the plant in
March 2017 for a period of around 10 - 15 days. The exact date of the shutdown
not yet confirmed.
Located in Yeosu, South Korea, the PVC plant has a
production capacity of 300,000 mt/year.
As MRC reported before,
in April 2016, Hanwha Chemical announced that it had succeeded in
developing high value-added chlorinated polyvinyl chloride (CPVC), which has the
improved heat and corrosion resistance, with its domestic technology. Since CPVC
has a high technology entry barrier, it has been entirely imported until now.
Accordingly, Hanwha Chemical has become the first company in the nation that
succeeded in domestically producing CPVC. Last year, the company completed the
detailed design and started construction of the production lines with annual
capacity of 30,000 tons at the second plant located in Ulsan Petrochemical
Industrial Complex, and it was to complete the construction by the end of
Hanwha Group is one of the largest business conglomerate in South
Korea. Founded in 1952 as Korea Explosives Inc., the group has grown into a
large multi-profile business conglomerate, with diversified holdings stretching
from explosives, their original business, to retail to financial