Direx Polymer

Direx Polymer, a joint venture between DL Chemical and Rextec, held a groundbreaking ceremony for an eco-friendly adhesive plant at Yeosu Industrial Complex. The plant will have an annual capacity of 40,000 tons and is expected to start commercial production in the first half of 2023.

DL Chemical and US-based RexTac established a joint venture named Direx Polymer, with DL Chemical holding a 74% stake. The joint venture will invest 150 billion KRW to build a 40,000-ton-per-year APAO plant in Yeosu, South Korea, with commercial production starting in the first half of 2023.

DL Chemical and US-based Rextac have launched a joint venture named Direx Polymer to produce eco-friendly hot-melt adhesives. DL Chemical holds a 74% stake with a total investment of KRW 150 billion, and a 40,000-ton-per-year APAO production facility will be built in Yeosu, with commercial production expected in the first half of 2023.