# Kumho Petrochemical to build nitrile rubber latex plant in Ulsan

Kumho Petrochemical announced plans to invest KRW 256 billion (€190 million) in a new nitrile-butadiene latex production line at its Ulsan petrochemical complex. The plant will have a capacity of 236 ktpa and is expected to be completed by the end of 2023.

- Type: New facility
- Announced: 2021-06-22
- Where: Ulsan, South Korea
- Value: $226.0M (256.0B KRW)
- Starts operating: 2023
- Status: announced
- Capacity: 236 kilotonnes per annum
- Products: nitrile-butadiene latex
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Kumho Petrochemical](https://endata.com/companies/45104.md)

## Sources

- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2071251/kumho-petrochemical-to-build-nitrile-rubber-latex-plant), 2021-06-25: "The ‘aggressive investment’ is in response to the rapidly growing demand from the gloves and medical industry."

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