In South Korea, Total and Hanwha are partners at the Daesan refining and petrochemicals platform, which was recently upgraded to double its production capacity.
The Daesan refining and petrochemicals platform in South Korea gives us a strategic position in Asia. A nearly $2 billion upgrade, completed in late 2014, doubled the site’s production capacity to meet the strong growth in demand for plastics in Asia, notably in China.
In addition to oil products (kerosene, diesel, gasoline), the Daesan site also manufactures polypropylene, polyethylene, styrene, paraxylene and EVA (Ethylene-vinyl acetate copolymer). All are essential components for manufacturing many everyday products.
The Daesan site also supplies styrene to Total’s Foshan petrochemical plant in China, which produces more than 200,000 tons of polystyrene annually.