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Korean Kumho P&B to complete phenol, acetone and cumene expansion in H1 2016

February 24/2016

MOSCOW (MRC) -- South Koreas Kumho P&B Chemicals (KPB) is expected to complete its phenol, acetone and cumene capacity expansion in H1 2016, reported TPS with reference to a financial report released by its parent company Kumho Petrochemical.

KPB is one of the largest producers of benzene derivatives such as phenol, bisphenol-A (BPA), acetone and cumene in South Korea.

Currently, the company operates two phenol/acetone units in Yeosu that are 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 ongoing capacity expansion, the company will be adding 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.

As MRC wrote previously, CEPSA Chemical (Shanghai) commenced commercial production at a new phenol plant in China in April 2015. Located in Shanghai, China, the plant has a phenol production capacity of 250,000 mt/year.
Author:Margaret Volkova
Tags:PC, acetone, bisphenol A, phenol, CEPSA, Kumho, China, South Korea.
Category:General News
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