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Korea Petrochemical
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Price Spread Was Last Lower on October 11, 2010 at $143.50/Mt
Feb 10, 2014The price spread between Asian paraxylene and isomer-grade mixed xylenes on an FOB Korea basis narrowed $2/mt from Tuesday to a more than three-year low of $154.50/mt Wednesday, with MX staying relatively supported while PX and downstream ...
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Western China Is Likely to Be The Focus for Development of The Petrochemical Sector : KPIA
Oct 4, 2013Western China is likely to be the focus for development of the petrochemical sector in future, Bang Han-hong, president of Korea Petrochemical Industry Association (KPIA) said at the 12th edition of the Korea-China Petrochemical Conference, ...
Tags: Petrochemical Sector, Chemical
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Western China Is Likely to Be The Focus of Petrochemical Sector
Sep 29, 2013Western China is likely to be the focus for development of the petrochemical sector in future, Bang Han-hong, president of Korea Petrochemical Industry Association (KPIA) said at the 12th edition of the Korea-China Petrochemical Conference, ...
Tags: petrochemical, Metallurgy, Mineral, Energy
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KPIC Is Likely to Start a New Monoethylene Glycol Plant
Jun 13, 2013Korea Petrochemical Industry Corp. (KPIC) is likely to start a new monoethylene glycol (MEG) plant. “The plant is in the launching stage and construction is yet to be started, but is likely to start commercial operations in the ...
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Korea Petrochemical Industry Company Said Thursday Its First-quarter Net Profit Rose 32.7%
Jun 4, 2013South Korea's petrochemicals maker Korea Petrochemical Industry Company said Thursday its first-quarter net profit rose 32.7% year on year to Won 6.9 billion ($6.1 million), from Won 5.2 billion a year earlier. Operating profit also ...
Tags: Chemicals, Energy, Petrochemical Industry
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Production of MEG Is Expected to Commence in Last Quarter of 2014
Jan 5, 2013Korea Petrochemical Industry Corp. (KPIC) is setting up a Monoethylene Glycol (MEG) plant, production of which is expected to commence in last quarter of 2014. "The construction of the MEG plant will complete in the second quarter of 2014 ...
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KPIC Is Operating Its Onsan Naphtha Cracker at Full Capacity Rates
Nov 28, 2012Korea Petrochemical Industry Company (KPIC) is operating its Onsan naphtha cracker at full capacity rates, a company official said. Refuting media reports which mentioned that KPIC had reduced the operating rates to 75 percent, the ...
Tags: Korea, KPIC, Naphtha Cracker, Capacity Rates
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Net Profit of Yeochun Naphtha Cracking Center Dropped 40% Year on Year
Nov 28, 2012South Korea's largest ethylene producer, Yeochun Naphtha Cracking Center, said Thursday its net profit dropped 40% year on year to Won 144.7 billion ($133.5 million) for the first nine months of the year, compared with Won 241.3 billion a ...
Tags: ethylene producer, Naphtha Cracking Center, Operating profit, profit
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Korea Petrochemical Decided to Diversify Its Business Portfolio by Entering Purified-EO
Nov 22, 2012Korea Petrochemical Ind. Co. Ltd decided to diversify its business portfolio by entering Purified-EO and EG business which has never been produced in Ulsan. The plan of this project is to invest 200,000,000,000 korean Won to build a plant ...
Tags: Korea Petrochemical, EO, EG, Chemical
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Toyo Has Been Awarded a Contract to Build EO
Nov 16, 2012Toyo Engineering Korea Limited, a Korean subsidiary of Toyo Engineering Corporation, has been awarded a contract to build Ethylene Oxide (EO) and Ethylene Glycol (EG) plant with the capacity of EO 80,000 t/y and EG 205,000 t/y planned by ...
Tags: Toyo Engineering Korea Limited, Ethylene Oxide, Ethylene Glycol
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KPIC Refuted Reports in a Section of The Media About Its Naphtha Cracker at Rates
Oct 19, 2012Korea Petrochemical Company (KPIC) refuted reports in a section of the media about its naphtha cracker running at reduced capacity rates. Speaking to Fibre2fashion, a KPIC official said, "The naphtha cracker is currently operating at full ...
Tags: Capacity Rates, Korea, KPIC, naphtha cracker
