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Kumho Petrochemical increasing capacity of synthetic rubber production in Ulsan

July 10/2018

MOSCOW (MRC) -- Kumho Petrochemical has begun adding lines for acrylonitrile butadiene latex (NB latex) at its facility in Ulsan, South Korea, in order to increase synthetic rubber production capacity to 550,000 t/y, reported Apic-online with reference to a local source citing the company.

The expansion, scheduled for completion in March 2019, will help solidify the company's position as the "world's number one NB latex maker," said the report quoting a company official.

As MRC informed before, in H1 2016, Kumho P&B Chemicals (KPB) completed its phenol, acetone and cumene capacity expansion. KPB is one of the largest producers of benzene derivatives such as phenol, bisphenol-A (BPA), acetone and cumene in South Korea.

Before the expansion, the company operated two phenol/acetone units in Yeosu that were able to produce 380,000 mt/year of phenol 450,000 mt/year of BPA, 235,000 mt/year of acetone and 430,000 mt/year of cumene. With the completion of the capacity expansion, the company had added 300,000 mt/year of phenol, 470,000 mt/year of cumene and 185,000 mt/year of acetone by June 2016.

KPB is an offshore joint venture created by the joint investment of South Koreas Kumho Petrochemical and Japans Nippon Steel Chemical Company in 1976.
Author:Margaret Volkova
Tags:PC, acetone, bisphenol A, phenol, sheet extrusion, natural rubber, synthetic rubbers, Kumho, South Korea.
Category:General News
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