# Hanwha Total Petrochemical to build $331M PE plant in Daesan

Hanwha Total Petrochemical approved $331 million to build a new polyethylene (PE) production facility in Daesan, South Korea, increasing annual PE capacity by 400,000 tons to 1.12 million tons. The project is slated for completion in late 2019.

- Type: Expansion
- Announced: 2017-12-11
- Where: Daesan, South Korea, South Korea
- Value: $331.0M
- Starts operating: 2019
- Status: announced
- Capacity: 400,000 tons per year
- Products: polyethylene (PE), metallocene polyethylene (mPE), HDPE
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Hanwha Total Petrochemical](https://endata.com/companies/19448.md)

## Sources

- [hanwha.com](https://www.hanwha.com/newsroom/news/press-releases/hanwha-total-petrochemical-readies-new-production-line-for-advanced-plastics.do), 2017-12-11: "On December 11th, Hanwha Total Petrochemical approved $331 million to build a new production facility in Daesan, S. Korea to increase its polyethylene (PE) production."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
