Hyundai plans rubber unit despite overcapacity

Journal Article · Wed Feb 24 04:00:00 EST 1993 · Chemical Week; (United States)

OSTI ID:6639187

Kim, Hyoungjin

Despite the oversupply of synthetic rubber in South Korea, the government has granted approval to Hyundai Petrochemical (Seoul) to build the country's second synthetic rubber unit, to be located alongside its petrochemical complex at Daesan. The plant is due for startup during second-half 1995, when the local market is expected to be in better balance. Hyundai will use Goodyear Tire Rubber technology for the plant, which will have annual capacities for 40,000 m.t. of polybutadiene rubber (BR), 30,000 m.t. of styrene butadiene rubber (SBR) and 12,000 m.t. of nitrile rubber (NBR). Styrene and butadiene requirements will be met from Hyundai's own production at Daesan. The current local producer of synthetic rubber is Korea Kumho Petrochemicals (Seoul), which has annual capacities for 150,000 m.t. of SBR, 95,000 m.t. of BR, and 10,000 m.t. of NBR. Korean SBR demand is about 141,000 m.t./year but is expected to increase to 161,000 m.t./year by 1996 and reach 194,000 m.t./year by the end of the decade.

• OSTI ID: 6639187
• Journal Information: Chemical Week; (United States), Journal Name: Chemical Week; (United States) Vol. 152:7; ISSN CHWKA9; ISSN 0009-272X
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
ALKYLATED AROMATICS
AROMATICS
ASIA
BUTADIENE
CAPACITY
CHEMICAL PLANTS
CONSTRUCTION
DEMAND
DEVELOPING COUNTRIES
DIENES
HYDROCARBONS
INDUSTRIAL PLANTS
INDUSTRY
MARKET
ORGANIC COMPOUNDS
PETROCHEMICAL PLANTS
PETROCHEMICALS
PETROLEUM PRODUCTS
POLYENES
PRODUCTION
REPUBLIC OF KOREA
RUBBER INDUSTRY
STYRENE