# Hanwha Total Petrochemicals to invest 360 billion won in new polyethylene plant in Daesan

Hanwha Total Petrochemicals Co. will invest 360 billion won ($329 million) to build a new polyethylene facility in Daesan, South Korea. The plant will have an annual capacity of 49 million tons of polyethylene, with production expected to start in 2019.

- Type: Investment
- Announced: 2017-12-11
- Where: Daesan, South Korea
- Value: $329.0M (360.0B KRW)
- Starts operating: 2019
- Status: announced
- Capacity: 49 million tons of polyethylene annually
- Products: polyethylene
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Hanwha Total Petrochemicals](https://endata.com/companies/28718.md)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20171211009500320), 2017-12-11: "Hanwha Total Petrochemicals Co., a 50-50 joint venture between Hanwha Group and Total SA, said Monday that it will invest 360 billion won (US$329 million) to build a new polyethylene facility in South Korea."

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