KOREA (SOUTH): Hyosung advances building schedule for polyketone project

In disclosing plans for the 50,000-t/y plant in Ulsan last year, Hyosung said it had "succeeded in the development of ‘polyketone,' a new state-of-the-art, high-performance polymeric material based on the first original technology of its kind developed in the world.”

Hyosung claims that its "impact-strength” polyketone offers a 30% improvement in chemical resistance over nylon, has 14 times greater wear resistance than polyacetal, and off-gas properties that are equivalent to ethylene vinyl alcohol.

Cho Hyun-sang, vice president of the company, noted that this material will be Hyosung's "core business” in the future. By 2020, Hyosung plans to invest a total of 1.05-trillion won in the polyketone business. The Ulsan investment totals 125-billion won.

Source: Weekly "PetroChemical News", Durham, NC, USA; 4 Aug 2014
(Syed Rashid Ali, Karachi, Pakistan)