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Samsung Total to build a PP compounding facility in China

22
Apr '08
“Samsung Total Petrochemicals is excited to enhance and improve our already industry leading service to our customers in China. The opportunity to further support our customers, while growing our business in this dynamic area will yield benefits for many years to come.” said Scott McEwen, Executive Vice President and Joint Representative Director of the Company.

The Samsung Total Petrochemicals joint-venture was created in April 2003, both partners, Total and Samsung, retaining a stake of 50%. Their common petrochemicals site, located in Daesan, on the west coast of South Korea, produces and markets a wide range of base chemicals and polyolefins.

With this project, Total Petrochemicals pursues its development in the Asia market where the Company owns already two polystyrene plants respectively in Foshan, China, and in Singapore, as well as a network of commercial offices.

Total Petrochemicals


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