Samsung Total aromatics plant aims to meet Asian demand for textiles
LANGKAWI, Malaysia — South Korea-based Samsung Total Petrochemical Co. Ltd. announced it will start building a $1.7 billion aromatics project in April, Reuters reported.
According to a company official, the project is aimed at meeting growing demand for textiles in Asia.
The project, which will be built in Daesan, South Korea, includes a 145,000 barrels-per-day condensate splitter and an aromatics plant with annual production capacity of 1 million tons of paraxylene and 420,000 tons of benzene, the article stated.
Paraxylene is one of the raw materials used in the manufacture of textiles and plastic bottles, while benzene is used in petrochemical products such as styrene.