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Comment Business & Economics

UOP to expand petrochemicals production in South Korea

By Gerald Ondrey |

HC Petrochem Co. has selected UOP LLC Des Plaines, Ill; www.uop.com) to provide technology for an expansion of its petrochemicals plant in Daesan, South Korea.  HC Petrochem Co., Ltd., a joint venture between Japan’s Cosmo Oil (Tokyo) and Hyundai Oilbank (Seoul), will use the UOP Parex process and the UOP Isomar process to help triple production of high-purity para-xylene to support growing, long-term demand for petrochemicals worldwide. Para-xylene is a key ingredient in the production of purified terephthalic acid (PTA), which is used to make polyester for fabric and polyethylene terephthalate (PET) chips for carbonated soft drink and water bottles. Basic engineering design of the plant has begun and start-up is projected for the second half of 2013. HC Petrochem Co., Ltd. plans to expand production of para-xylene from 380,000 metric tons (m.t.) per year to 1,180,000 m.t./yr. The new Parex and Isomar process units will use mixed xylene as feedstock supplementing the existing UOP CCR Platforming, Sulfolane, Tatoray, Isomar and Parex process units at the plant to expand the production.  
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