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Hanwha Chemical to shut PVC plant in Ulsan for maintenance

August 17/2017

MOSCOW (MRC) -- Hanwha Chemical is likely to undertake planned shutdown at its polyvinyl chloride (PVC) plant in Ulsan, as per Apic-online.

A Polymerupdate source in South Korea informed that the company has planned to shut the plant in October 2017 for a period of around 15-20 days. The exact date of the shutdown could not be ascertained.

Located in Ulsan, South Korea, the PVC plant has a production capacity of 300,000 mt/year.

As MRC reported before, in 2015, Hanwha Chemical merged two of its chemical compounds businesses, Hanwha Next and Hanwha Compound. The combined entity, named Hanwha Compound, produces polyethylene, polypropylene, polyvinyl chloride, and acrylonitrile-butadiene-styrene. The company operates manufacturing plants in Yeosu and Suncheon, with an annual capacity of 100,000 tons.

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 services.
Author:Margaret Volkova
Tags:PP, PS, PE, ABS, Hanwha Corporation, South Korea.
Category:General News
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