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TKG Huchems started construction of a nitric acid plant (400,000 tonnes/year) and an MNB plant (300,000 tonnes/year) at its Yeosu complex, investing KRW 250 billion. Commercial production is targeted for the second half of 2023.
Daewoo E&C won a 162.4 billion KRW EPC contract from TKG Huchems to build a new nitric acid (400,000 tons/year) and mononitrobenzene (300,000 tons/year) plant in Yeosu, South Korea. The first phase completion is set for July 31, 2023.
| Site | Largest | Latest |
|---|---|---|
| Yeosu, South Korea | $200.0M | 2022-05-24 |