Home / Knowledge / News / Textiles / New propylene production facility opens in Korea
New propylene production facility opens in Korea
26
May '16
A new propylene production facility has been inaugurated in the southern port city of Ulsan in South Korea, according to Korean media reports.
 
The propane dehydrogenation (PDH) facility for producing propylene, a basic raw material to make synthetic fibres, has been constructed by SK Advanced, a joint venture of SK Gas, Saudi Arabia's Advanced Petrochemical Company (APCO) and Kuwait's Petrochemical Industries Company (PIC), a subsidiary of Kuwait Petroleum Corporation (KPC).
 
The new facility is built on 96,000 square metres of area near Ulsan New Port with an investment of $840.48 million. The LPG based facility has capacity to produce 600,000 tons of propylene annually.
 
At the inauguration ceremony, Kuwaiti ambassador to South Korea Jassim Al-Bedaiwi hailed PIC for being the first Kuwaiti company to directly invest in the Korean republic. He hoped that this investment would pave way for more Kuwaiti companies to engage in big and profitable projects.
 
Test operation at the PDH facility began in March and now normal operations have begun. The facility is ready to supply propylene to customers in Korea and other countries. (RKS)
 

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: AWI

Textiles | On 20th Jan 2017

Australian wool EMI at highest ever level in Au$ terms

The Eastern Market Indicator (EMI) managed to forge ahead by a...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Textiles | On 20th Jan 2017

Xeros to focus on textile sector to develop technology

Xeros technology group plc, the developer and provider of patented...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search