日本とアジアの石油化学の現状その他を、各社のホームページや新聞雑誌情報を基にまとめ
た個人のデータベースです。


 他のページへ トップページ  アジアの石油化学  アジアのPVC/VCM  韓国の石油化学(トップ)     

                                                    連絡先 knak@js2.so-net.ne.jp

Samsung General Chemicals (SGC)   → Samusung Total

       ビッグディール 現代石油化学と三星総合化学の統合計画

        →  2002/12/2 Atofina50/50JV設立 設備を移管

              Samsung General Chem,France's Atofina Sign $1.55B JV Deal 

              2003/5 Samsung, Atofina sign joint chemical venture

              2003/7 欧州委員会、三星/Atofina JV承認

      2003/8/1 Samsung and Atofina ratify new Korean joint venture company

サムスン総合化学、韓中往復の出退勤営業へ

2004/9 DuPont & Samsung Announce JV Agreement for Flexible Circuit Materials

2005/10 Samsung Total, Huge Extension Investment

2006/7 BP to Market Share of SPC in Korea

2006/11 Korea Samsung Total to expand benzene,PX units by mid-2009

2006/12 Samsung Total、SMデボトルネッキングで80万トンに

2007/8  Samsung Total to complete Daesan metathesis unit Aug 2008  

2008/8 Samsung Total's new OCU produces on-spec propylene

2007/10 Total announces start-up of new polypropylene production line at Daesan Plant in South Korea

2012/2  Major Expansion and Upgrade Project at Samsung Total Petrochemicals’ Complex in Daesan

Samsung General Chemicals (SGC), a subsidiary of the Samsung Group, is a petrochemicals company that manufactures chemical products used as the material components of many everyday items. Among the products we manufacture are olefins, such as ethylene and propylene; basic petrochemicals, such as PX; and polyolefins, such as PE and PP.

100 thousand tons of LDPE are produced annually from LDPE plants by using the most advanced high pressure tubular process.

SGC produces 50 thousand tons of EVA annually, by using the most advanced tubular process.

SGC produces 125 thousand tons of LLDPE(including MDPE)annually by using a state of the art gas phase process with a super active catalyst.

SGC produces 175 thousand tons of HDPE annually, using the advanced slurry process and a super active Ziegler catalyst.

SGC produces 220 thousand tons of PP annually by using a liquid-gas phase process with multi-reactor system.

SAMSUNG BP Chemicals Acetic Acid, Hydrogen, VAM

Samsung Petrochemical (JV with BP)  PTA


SMデボトルネッキングで80万トンに


日本経済新聞 2002/12/3

仏アトフィナの出資受け入れ サムスン総合      JV設立合意

韓国のサムスン総合化学は2日、仏石油大手トタルフィナ・エルフの化学部門であるアトフィナ社から資本を受け入れる覚書を結んだと発表した。


December 2, 2002 TotalFinaElf

TotalFinaElf plans to set up a petrochemicals joint venture with Samsung in South Korea
  
http://www.atofina.com/groupe/gb/actuComm/d_detail.cfm?IdComm=9003

 

TotalFinaElf, via its chemicals branch ATOFINA, and the South Korean company Samsung, will sign Dec. 2 a memorandum of understanding with the aim of setting up a 50/50 joint venture in the petrochemicals sector in South Korea, to which the assets of Samsung General Chemicals will be transferred.


Dec. 2, 2002 Samsung General Chemicals

A Petrochemical Joint Venture is to be established between
   Samsung General Chemicals and Atofina, the Chemicals branch of TotalFinaElf
http://www.samsungchem.com/en/SilverStream/Pages/ene236pg.html?cdate=200212031018&ndate=20021203&chcondition=&fldcondition=&page=

 

MOU signed between Samsung General Chemicals and Atofina, the chemical Branch of the French Group TotalFinaElf.

Definitive Agreements will be signed during the 1st quarter of 2003 based on 50:50 ownership .

The new joint venture is expected to be competitive through a marketing and sales alliance as well as a sound financial structure.


April 16, 2003 Financial Times

Jv paves way for expansion; Atofina and Samsung General Chemicals cracker in Korea.

Atofina and Samsung General Chemicals (SGC) have formally agreed to establish a 50:50 $1.5 bn joint venture to increase the capacity of a cracker in Daesan, South Korea, from 650,000 tonnes/y to 1 M tonnes/y.


SAMSUNG BP Chemicals Co.,Ltd
                        http://www.ssbp.co.kr/default_en.asp

SAMSUNG BP Chemicals, a joint venture with British BP AMOCO Chemicals (established in 1989), manufactures 350,000 tons of industrial acid and 10,000 tons of hydrogen annually. SAMSUNG-BP Chemicals aims at being the top Asian acetyls producer by 2000 and one of the world's top three acetic acid manufactures by the early beginning of the 21st century, armed with technology, capital, and the best human resources

Products : Acetic Acid, Hydrogen, VAM(Vinyl Acetate Monomer)

History

1988.12.11

 

Joint Venture Agreement between Samsung-BP Chemicals Ltd.

1989.07.12

 

Establish Samsung-BP Chemicals Co., Ltd

1991.10.31

 

Complete Acetic Acid Plant construction (150Ktes/yr)

1995.05.17

  Establishment of Asian Acetyls Co.,Ltd, a joint venture between Samsung-BP Chemicals Ltd, and Union Carbide Corporation

*
Asian Acetyls (Asacco) started in 1995 as a joint venture between BP (34%), Samsung (33%) and Union Carbide (now part of DOW, 33%). Asacco produces and sells vinyl acetate monomer (VAM).
1996.10.11   Complete VAM Plant (150 ktes/yr)
1997.07.30   Acetic Acid plant debottlenecking (350Ktes/yr)

Samsung Petrochemical Company (SPC)   http://www.myspc.co.kr/eng/about/index.html

Samsung Petrochemical Company (SPC) was established in July 1974 as a joint venture of 50% Samsung, 35% BP (ex-Amoco) and 15% Mitsui Chemicals. Commissioned in 1980 to produce approximately 100,000 tonnes per annum of purified terephthalic acid (PTA) for the first time in Korea, the site contributed greatly to the local polyester industry by supplying domestic PTA, their significant raw material. Consequently polyester business, a basic and core one of then booming Korean industry, enhanced its competitiveness

出資変更

BP participates in a joint venture in Samsung Petrochemical Company (SPC) to produce purified terephthalic acid (PTA) in Korea since 1974. This PTA joint venture is 47.4% BP, 47.4% Samsung and 5.2% Shinsegae. PTA is the preferred intermediate used in the manufacture of polyester resin for fibres, films, and packaging. The venture is headquartered in Seoul with two production sites, namely, Ulsan, and Seosan. SPC total plant capacity for PTA is about 1.4 million tons per year.
http://www.bppetrochemicals.com/genericarticle.do?categoryId=265&contentId=2002593&contentId=2006473&categoryId=289



PTA is the significant raw material of domestic polyester fibers and also used worldwide for manufacturing polyethylene terephthalate (PET) resin for applications such as carbonated beverage bottles, etc. and continuously expanded its applications in various areas based its high technology.

Now SPC having its four production units including Seosan PTA at the end of last year produces 1,400,000 tonnes per annum enough to supply reliably to its customers high quality PTA at low price. In addition, it is well known with its environment-friendly operation through advanced technology. The company received a certificate of environment-friendly corporate authorized by the government for the first time among Korean petrochemical companies. Its commitment to environment for better life will continue in the future.
  

蔚山  1,000千トン
大山   400千トン+200千トン Samsung General Chemicals sold PTA Unit to Samsung Petrochemical


2004/4/26 Platts

Samsung Petchem to expand PTA capacity by end-2004 to 1.6-mil mt

South Korea's Samsung Petrochemical Co Ltd plans to boost its production capacity of purified terephthalic acid by the end of the year to 1.6-mil mt, up 200,000 mt/yr from its current capacity, the company announced during a press conference on Monday.


Platts 2006/12/11

Korea's Samsung Total commits new SM capacity to term contracts

boosting its styrene monomer nameplate capacity at Daesan by 130,000 mt/year to 800,000 mt/year through debottlenecking.


第一毛織 Cheil Industries     http://www.cii.samsung.com/english

Since established as a parent company of Samsung in 1954, Cheil Industries has been the driving force behind the remarkable development of Korea's textile industry.

第一毛織は1954年に設立。繊維業からスタートし、韓国のファッション業界の発展に大きな役割を果たしてきました。1983年に紳士服のフォーマル/カジュアル部門を立ち上げて以来、韓国内のトータルファッションのリーディングカンパニーとして成長を続けてきました。また、繊維のみならず合成樹脂などの化学素材から電子化学材料まで幅広い製品を生産しています。

1989年、韓国・麗水(ヨス)工場の稼働をきっかけに合成樹脂分野に参入。当初、麗水工場ではABSおよび PSの製造が中心でしたが、その後機能的難燃性樹脂の生産に移行し、市場で大きなシェアを占めるようになりました。
今後は、ナノ技術、次世代難燃技術などの確保を通じて、汎用技術の普及を推進していきます。

Cheil Industries has launched a chemical industry for plastic material that bears the vigorous mark of a secondarily launched enterprise. Indeed, 1989 brought the opportunity to move into the manufacture of ABS and PS and expand our production sector with EPS and SAN . In addition we produce and deliver a broad range of products, including electronic chemical materials such as CMP(Chemical Mechanical Polishing) Slurry, CR(Color Resist), PI(Polyimide), PR(Photo Resist), Electrolyte for second-Li battery, Paste, EMS(Electro-Magnetic Interference Shielding), OPC(Organic Photo Conductor), Ink and highly functional engineering plastic, and are regarded as a truly worldwide resin manufacturer.

Chemicals

Electronic Materials

Fashion

 



第一毛織、イランに1000万ドルの技術輸出

第一毛織、中国に合成樹脂技術を輸出


Hyundai Petrochemical   

  ビッグディール 現代石油化学と三星総合化学の統合計画

   Hyundai Petrochemical 買い手
        Honam Petrochemical and LG Chemical :full ownership 希望
        SK Corp  : other partnersとのshare 希望

     Korea/ LG Chem and Honam Petrochemical acquired Hyundai Petrochemical.
        現代石油化学、LG・ロッテ化学に売却へ

               LG発表

   Korea's Honam, LG finalize acquisition of Hyundai Petchem

 Hyundai Petrochemical to be split into three firms


Hyundai Petrochemical Co., Ltd. has achieved rapid industrial growth in the domestic petrochemical industry since its inception in 1988.
Through leading edge technologies and visionary insights, Hyundai Petrochemical has become the premier consolidated petrochemical company in Korea.
  Hyundai's Daesan Petrochemical Complex, located in the western seaboard south of Seoul, maximizes efficiency and quality control by employing a comprehensive computer automation system that coordinates the entire production process.

From the Naphtha Cracking Center and throughout the production of monomers, polymers, synthetic resins and rubbers, the system requlates stringent quality control measures to provide products with the highest level of quality.

The Daesan Petrochemical Complex is strategically positioned in close proximity to the Hyundai Oil Refinery Co.,Ltd. to facilitate in the supply of base petroleum and to enjoy the wynergistic effects into our globalization strategy.

Furthermore, Hyundai Petrochemical leads the domestic petrochemical industry, a first for a domestic petrochemical company.
  As the leading and pioneering company in the production of petrochemicals and related technologies, Hyundai Petrochemical has been supplying the global market of over 50% of total production volume to over 60 countries worldwide.

Ws the future unfolds and offers new and exciting challenges,
 Hyundai Petrochemical will strengthen the investments in R&D to develop new value-added materials in fine chemistry to emerge in the 21st century as leader in the field of petrochemicals.

現代石化
 

                          http://www.seetec.com/seetec/english/daesan/index.htm


Platts 2002/5/3

Korea SK Corp to join bidding for Hyundai Petrochemical

South Korean refiner and petrochemical producer SK Corp has expressed interest in bidding for financially troubled Hyundai Petrochemical Co, officials at SK said Friday. SK would join local Honam Petrochemical and LG Chemical, which are also lining up to place bids for the company.


朝鮮日報 2003/1/29

現代石油化学、LG・ロッテ化学に売却へ

現代(ヒョンデ)石油化学がLG化学と湖南(ホナム)石油化学(ロツテグループ系列)のコンソーシアムに売却されることになった。
現代石油化学のメーンバンクであるウリ銀行は29日、債権銀行団とLG化学・湖南石油化学コンソーシアムが30日、ソウル・ロッテホテルで買収契約を締結すると明らかにした。


2003/1/21 Financial Times

Korea/ LG Chem and Honam Petrochemical acquired
Hyundai Petrochemical.

Hyundai Petrochemical, which was put up for sale in 1999 because of the size of the parent company's debts, has finally found a buyer. A dozen companies expressed an interest in the acquisition (including Koch Industries). Hyundai's main creditor finally chose to sell the company to a local consortium led by Honam Petrochemical and LG Chem for a reported $1.45 M(Billionの誤り. 


2002/12/29 Reuters

S.Korea Group Named in Hyundai Petro Sale

The main creditor bank for Hyundai Petrochemical Co Ltd named a South Korean consortium Monday as a preferred bidder for the cash-strapped company in a deal industry sources valued at around $1.45 billion.

The spokesman for Woori Bank said Kansas-based Koch Industries Inc was the runner-up bidder for Hyundai Petrochemical. He declined to reveal financial details of the bids.


http://www.kochind.com/about/default.asp 

Koch Industries owns a diverse group of companies that exercise these capabilities on a global scale in core industries such as trading, petroleum, asphalt, natural gas, gas liquids, chemicals, plastics and fibers, chemical technology equipment, minerals, fertilizers, ranching, securities, and finance, as well as in other ventures and investments.


Hyosung Chemical

http://www.hyosungchemical.com/index_e.jsp

 


Hyosung adopted Oleflex propane dehydrogenation process of UOP, and started the DH plant operation commercially in 1991. This is the first commercially operated plant of this kind in the world, succeeding to the pilot plant size operation of DH unit in USA by UOP itself.

High purity polymer grade propylene can be produced through the catalyst packed reactors with Continues Catalyst Regeneration section. With the state of art Distributed Control System all process variables can be controlled automatically to maximize the efficiency.

Hyosung Corporation started the polypropylene business with product brand "TOPILENE" in April 1991, by introducing the HYPOL process technology from Mitsui Chemical Inc. of Japan. Soon after the start-up of the HYPOL PP plant, many new products were successfully launched on the market by applying many-years own know-how which was accumulated throughout previous synthetic fiber polymerization experiences.
New capacity was added in 1996, based on UNIPOL PP technology of Union Carbide Corporation of US. With the operation of UNIPOL PP plant, the whole product range of TOPILENE can be widened and become more customer specific, to bring Hyosung great competitiveness worldwide in scale-wise and quality-wise.
Hyosung Corporation keeps introducing new high value-added products in market with constant improvement and development since we well acknowledge the customer value and satisfaction is critical to our success in this limitless global competition era. We are leading Korean PP industry with the introduction of the fourth generation products such as HIPP and Butene Random Copolymer, and will grow along with the customers.

Production
Process
Propane
Dehydrogenation
Process
PP-1 Process PP-2 Process
Product Propylene Polypropylene Polypropylene
Polymerization
Conditions
Gas Liquid bulk /
Gas phase
Gas Polymerization
Capacity 165,000 ton/yr 120,000 ton/yr 148,000 ton/yr
Licensed by UOP (US) MPC (Japan) UCC (US)
Date of Starting Sep. 1991 Apr. 1991 Dec. 1996

 


Honam Petrochemical (Lotte Group)    http://www.hpc.co.kr/eng/  

  現代石化買収

   Hyundai Petrochemical to be split into LG Daesan Petrochemical, Lotte Daesan Petrochemical and Seetec 

   Honam Petrochemical completes purchase of KP Chemical

  三菱レイヨン、韓国でMMA事業展開 湖南石化と合弁     MMA

  Lotte Daesan to use Basell's Spherizone Technology in new PP plant

  S Korean Honam Petchem to build, invest in $2.6 bil Qatar plant

  Lotte Group working toward merger of three petchem firms

  Weifang Yaxing Signs LOI with Honam Petrochemical

     Korean Honam takes stake in China top CPE producer

  Lotte Daesan, Honam to complete merger January 2

  湖南石油化学、マレーシアのTitan Chemicals を買収

  Honam Petrochemical to Build U.S. Plastics-Production Plant

1976/3 established
1979/12 commercial production of hdpe, pp meg
1979
 ロッテが株主に(湖南エチレンは大林に)
1988/4 2nd hdpe
1988/11 2nd pp
1991/5 2nd meg
1992/4
ethylene and btx
1997/6 3rd meg
1998/4 pet
1000/6 synthetic paper
1999/9 3rd hdpe
2000/3 eoa
2001/6 mma
2001/11 revamping of echylene btx
2001/11 3rd pp

 

出資 

   
ロッテ     57.3% 
一般     32.7%
第一化学  10.0%(当初は35%)
  ロッテ     57.3% 
一般     42.7%
 *ロッテはロッテホテル、ロッテ物産、ロッテ(日本)の合計

                第一化学 持株売却、解散

   

    *第一化学:三井化学 60.13%、三井物産 32.17%、新日本石油化学 7.7%

1973/11  三井石油化学、三井東圧化学、三井物産の3社、第一化学を設立
1974/6  日本石油化学、第一化学に資本参加
1976/3  第一化学、韓国の麗水石油化学と湖南石油化学を設立 
    当初は麗水石油化学 35% (ロッテ80%)、第一化学 35%、一般株主 30%
2002/12  第一化学、湖南石油化学持株売却完了
2003/6  第一化学 解散


2006/6/23 Plastemart

Lotte Daesan to use Basell's Spherizone Technology in new PP plant
http://www.plastemart.com/plasticnews_desc.asp?news_id=8882

Lotte Daesan Petrochemical Co. Ltd. has selected Basell's Spherizone technology for a new 250,000 tpa polypropylene plant to be built at Daesan, South Korea. Start up of the plant is planned for Q4-2008. The Spherizone process is an advanced manufacturing process for the production of polypropylene, using a unique, state-of-the-art, multi-zone circulating reactor system. Spherizone plants can produce the full range of polypropylene grades, as well as new families of propylene based polymers.
Lotte is the Basell's second Spherizone licensee this month, and globally the seventh plant to be built with this technology. Almost 2 mln tons of capacity has already been licensed since the Spherizone process was commercialized about three years ago, reflecting the industry trend to seek additional value through product differentiation.


Chemnet Tokyo 2003/5/30                       発表

三井化学、韓国・湖南石化投資会社「第一化学」解散

 三井化学は30日、韓国・湖南石油化学への日本側共同投資会社として設立した、第一化学を6月30日付で解散すると発表した。
 
 第一化学は1973年、当時の三井石油化学、三井東圧化学、三井物産、日本石油化学4社が韓国に進出し、同国麗水石油化学と折半出資して
湖南石油化学を設立したさい、日本側投資会社として4社共同で設立した。
 
 湖南石化は、79年に第1期を完成していらい順調に発展してきたが、すでに30年が経ち、韓国側パートナーの変更や、株式上場などもあって、設立当初の戦略的意義や使命は終えたと判断した。

 湖南石化の株主構成は大きく変わり、2002年3月には韓国ロッテグループ57.2%、第一化学10%、残りは一般株主となっていた。第一化学はその後保有株式を市場売却し、同年10月には売却を完了、事実上同事業から撤退していた。 


2003/5/30 三井化学

連結子会社の解散に関するお知らせ

当社は、下記のとおり当社の連結子会社である第一化学工業株式会社(以下「第一化学」という。)を2003年6月30日付で解散することを決定いたしましたのでお知らせいたします。

第一化学の概要

(1)所 在 地   東京都千代田区
(2)代 表 者   富永紘一(当社専務取締役)
(3)資 本 金   3,929百万円
(4)株主構成   当 社  60.13 %
    三井物産
新日本石油化学
32.17 %
 7.70 %

2004/11/10

S Korea's Honam Petrochemical completes purchase of KP Chemical


2004/3/22 AsiaPulse

Honam Petrochemical Chosen as Final Bidder for KP Chemical

KP Chemical today said that through a public offering it has chosen Honam Petrochemical as the final preferred bidder for the company. The consortium of KC Holdings Co. Ltd. was chosen as preparatory preferred bidder.
KP Chemical will go through due diligence and price negotiations with Honam before concluding the takeover by the first half of this year, if possible, an official of the lead-manager for the sale, Samjung KPMG, said. The offered price and exact contract schedule have not yet been publicly released.

KP Chemical, which has been under a workout program by about 40 creditors, led by Woori Bank, since its separation from troubled Kohap Corp. in December 2001, produces materials for polyester products.

It produces nearly 400,000 tons of packaging resin for PET (polyethylene terephthalate) bottles annually, which is 34.5 per cent of the domestic market, the nation's largest share, according to Samsung Securities Co.

KP Chemical's net profit was 20 billion won (US$17.26 million) in January and February, a Woori Bank official said.

The creditors claim 87 per cent of its stake, and the total debt of KP Chemical as of the end of last year was 606.9 billion won.

"If Honam acquires KP Chemical, both companies could enjoy a great synergy effect," a Samjung KPMG official said.

Honam Petrochemical, the sixth-largest domestic producer in the petrochemical industry, turns out 2.57 million tons of 15 petrochemical products annually, according to industry sources.

 

 Honam Petrochemical produces 40,000m.t MMA, and sells the whole production to the domestic market, as a result, although its capacity is lower than LG MMA, Honam Petrochemical supplies the most in domestic market currently.
  In the end of 2001, when Honam Petrochemical participated in the market by introducing technology from Japan Kuraray, price started falling rapidly and dropped to wan1,200/kg, and to make matters worse, as Formosa started operating 70,000m.t. and planned to participated in the domestic market, Honam Petrochemical had no choice but price cutting to prevent Formosa from participating in domestic market.


2000年05月24日 Chemnet Tokyo

韓国・湖南石油化学、MMAモノマー設備建設を再開
来年5月完成、7月商業運転開始へ

 韓国の湖南石油化学は、中断していたMMA(メチルメタクリレート)モノマー設備の建設を再開、来年5月に完成、7月から営業運転を開始することになった。
 同設備は1997年に三井東圧化学(現三井化学)とクラレが共同で開発した直接酸化法技術をライセンス、1999年完成をめどに年産4万トン設備建設を目指していたが、1997年末の通貨危機を発端とする経済混乱から建設を中断していた。
 しかし、昨年後半からMMAモノマーのアジア各国での需要が急回復、韓国でも好調に国内需要が推移していることもあり、建設の再開に踏み切ったもの。
 技術ライセンスをした三井化学とクラレでは、両社で年間1~1万5,000トンの引き取り枠を持っていることから、設備完成後はアジア地区への輸出を行うことになると見られている。


Korea Petrochemical Ind. Co 大韓油化(KPIC)         http://www.kpic.co.kr/english/

Ever since its establishment in Jun. Of 1970, Korea Petrochemical Ind. Co., Ltd has completed the first polypropylene plant in the 1972 in the spirit of challenge and pioneering.

Through annual increase in its establishment, it has opened the new field of petrochemical industry on this land furnishing the productivity of polypropylene 350 thousand metric tons and high density polyethylene 270 thousand metric tons a year.

2004/8 TEC、大韓油化向けにプロピレン増産プラントを受注


1993/8/30 「法定管理」(会社更生法)の申請  

KPICの累積債務は 7,000億W (当時のレ−トで 900億円)で、前年の赤字は 546億W、93年赤字は 1,000億Wと言われている。
同社は 1991 年に 4,500億Wをかけて 250千t/年のエチレンクラッカ−を建設したが、これが経営悪化の要因となった。

1993/8/12 に
丸紅が 41.59% の株を放棄し撤退した。
株主は以下のとおり。
   創業者一族     42% (従来 25%)
   政府(財務部)    29% (     17% )
   チッソエンジニアリング   14% (      8%)
   丸紅          0% (    41.59%)


May 29, 2003 Dow Jones

Samsung General Chem,France's Atofina Sign $1.55B JV Deal

South Korea's Samsung General Chemical Co. (Q.SGC) said Wednesday it signed a final agreement with French chemical company Atofina to launch a $1.55 billion joint venture in South Korea.


Platts 2003/5/28

Atofina secures joint venture with Samsung GC May 27

Atofina, the chemicals branch of France's Total, Tuesday finalized its 50:50 joint venture with South Korea's Samsung General Chemicals an Atofina's spokesman confirmed Wednesday.


朝鮮日報 2003.07.04

サムスン総合化学、韓中往復の出退勤営業へ

サムスン総合化学が6月末から、中国と韓国を毎週行き来する出退勤システムを稼動した。月曜の午前に中国に出勤し、土曜日には韓国に帰って来るシステムだ。

 


2003/5/29 朝鮮日報 

Samsung, Atofina sign joint chemical venture

Samsung General Chemicals Co. signed an agreement with France-based Atofina yesterday to form an equal $1.55-billion chemical joint venture.

Half the equity of Samsung, which is not yet publicly traded, will be handed over to Atofina for $775 million and the joint venture will be officially launched in August.

In return, the deal will
secure for Atofina a strategic base in Asia to enter China and other regional markets.

The new company will be named Samsung-Atofina.


Dow Jones Business News 2003/7/18 

EU OKs Samsung and Total S.A $1.55 Billion JV

The European Union Commission Friday approved South Korean Samsung Group's $1.55 billion chemical 50-50 joint venture with France's Total S.A. (TOT).


EU 2003/7/18     http://europa.eu.int/

Commission clears Samsung's and Total Holding's acquisition of Samsung Atofina Ltd

The European Commission has cleared the acquisition of joint control of the undertaking Samsung Atofina Ltd. ("JV"), Korea, by Samsung General Chemicals Co. Ltd. ("Samsung"), Korea, belonging to the Samsung Group and Total Holdings UK Ltd. ("Total Holdings") belonging to the Total Group ("Total"), France. Samsung Atofina is active in the manufacture of basic petrochemical products and commodity polymers. Samsung is incorporated under the laws of Korea and belongs to the Samsung Group. It is engaged in the manufacture of basic petrochemical products and commodity polymers. Total Holdings is a subsidiary of Total Holdings Europe Ltd. which belongs to the Total Group. Total is involved in oil exploration, development, refining, marketing, trading, shipping and production of base chemicals and commodity polymers. (The operation, notified 18 June 2003, was examined under the simplified merger review procedure)

 


Chemnet Tokyo 2003/8/4      Homepage

三星とアトフィナの合弁会社発足

 韓国の三星グループとフランスのアトケムは
81日、50/50の合弁会社サムスンアトフィナを発足させた。両社は昨年122日に合弁会社設立の覚書を結び、その後細目を詰め、527日に契約を締結した。718日にはEUの承認を得ている。

 両社の協議で三星総合化学の価値を
1550百万ドルと評価、アトフィナは非公開の三星総合化学の株式の半分を775百万ドルで購入し、50/50JVとした。

 サムスン・アトフィナ
(旧三星総合化学)は大山に石化コンビナートを持ち、実質能力はエチレン63万トン、プロピレン32万トン、LDPE 10万トン、lLDPE 125千トン、HDPE 175千トン、EG 11万トン、SM 67万トン、PP 22万トンなど。ほかにBPとのJVで三星石油化学(PTA 140万トン)、三星BP化学(酢酸、酢ビ)をもつ。

 三星総合化学は現代石油化学とともに大山に石化コンビナートをもっているが、
1998年に韓国政府の5大財閥事業再編計画(ビッグディール)で両社の統合が図られた。日本商社の参加も考えられたが、結局統合は失敗に終わった。その後、両社とも負債増加で経営困難となり、現代石化は先にLG化学と湖南石化に買収された。

 新会社サムスン・アトフィナはアトフィナの投資で財務構造を改善する。アトフィナはこれにより中国をはじめとするアジアへの戦略基地を得ることとなる。


August 4, 2002 Samsung-Atofina   

Samsung, Atofina launch chemical joint venture
 http://www.samsungatofina.com/en/SilverStream/Pages/index.html

Samsung General Chemicals Co. and Atofina, the chemical branch of the French Group TotalFinaElf, launched a 50-50 joint venture, called Samsung-Atofina, yesterday.


2003-8-7 Asia Chemical Weekly

Atofina grasps opportunity for Asia growth

Atofina has to prove now that it can reap real rewards from its investment in South Koreas Samsung and make the gains it wants from more active participation in Chinas petrochemicals markets.


October.26, 2005 Samsung Total Petrochemicals

Samsung Total, Huge Extension Investment

- NCCSM Extension and PP Factory EstablishmentInvest 550 billion won by 2007   600億円
- Initiative in main products, Selection and concentration, Energy-saving and expansion of high 550 value-added products
- Acquiring future growth engine with huge reinvestment.. Presenting successful joint-venture model

Samsung Total(CEO Hong-shik Goh) is initiating new investment of 550 billion won in total to Daesan petroleum chemical complex, South Choongchung, for its world-class competitiveness through complex rationalization.

This investment by Samsung Total is implemented for main products according to its
selection and concentrationstrategy. The core plan of the investment includes to increase 200,000 ton of ethylene, 230,000 ton of propylene, and 200,000 ton of SM(Styrene monomer) for NCC(naphtha decomposition factory) and to establish a new factory which produces 300,000 ton of PP(polypropylene).

When Samsung Total possesses production capacity of 830,000 ton of ethylene, 550,00 ton propylene, 870,000 ton SM, and 570,000 ton PP after 2007 of investment completion, it will be one of the best petroleum chemical complex in the world.
[See Table 1 and 2]

[Table 1] New Extension, Investment Plan for Daesan Youhwa Complex of Samsung Total

Factory Current capacity
(ton)
Newly-extended size
(ton)
Expected completion year Yearly
production capacity
(ton)
NCC     Fist half of 2007  
-Ethylene    630,000    200,000      830,000
-Propylene    320,000    230,000 Fist half of 2007    550,000
SM    670,000    200,000 Second half of 2007    870,000
PP    270,000    300,000      570,000

[Table 2]Product Purpose for Newly- Factory

Product Purpose
Ethylene Basic material for Polyethylene, synthesized resin, and Ethyleneglycol of synthesized textile material
Propylene Basic material for polypropylene of synthesized resin
SM (Styrene Monomer) Material for PS, ABS, which is exterior/interior parts of electric/electronic products and automobile
PP (Polypropylene)
(PP , Polypropylene)
Exterior/interior parts of electric/electronic products and automobile

The PP unit will use Basell's Spherizone technology--the first time the process has been used in Asia and the first time Total has employed it at one of its PP plants, Total says.

 同社は2003年に三星グループとフランスのアトフィナが50/50のJVとして設立し、トタルグループから8億ドルを導入して旧三星綜合化学を引き継いだ。
 1998年に五大財閥の構造調整案が策定され、当初は同じ大山に石化コンプレックスを持つ現代石油化学と三星綜合化学の統合が検討されたが、前提となる外資導入が難航して結局失敗、最終的に現代石油化学は第1系列をLG化学、第2系列をロッテグループに売却され、三星はアトフィナとの50/50JVとして再出発することとなった。

 


Platts 2006/11/14

Korea Samsung Total to expand benzene,PX units by mid-2009

South Korea's Samsung Total Petrochemicals Company (SPC) is looking to expand its benzene capacity at its No 2 aromatics reformer by 90,000 mt/year by mid-2009, company sources said Monday.

Alongside with the expansion of its No 2 aromatics reformer, the company's current 600,000 mt/year paraxylene plant will also be increased by 270,000 mt/year to 870,000 mt/year.

The sources added that after SPC's No 2 aromatics reformer expansion was completed, the benzene output will be fully channeled into its expanded styrene monomer plant. Following the company's increase of its SM plant capacity by 200,000 mt/year to 840,000 mt/year at the end of June next year, SPC will be short of almost 6,000mt of benzene each month until mid-2009, when the expansion of its No 2 aromatics reformer was completed.


Oct 17, 2007 (M2 EQUITYBITES via COMTEX)

Total announces start-up of new polypropylene production line at Daesan Plant in South Korea

Total, an oil and gas group, declared on 16 October that the new polypropylene production line at its Daesan plant in South Korea is currently online.

The new unit has a capacity of 300,000 tons per year, bringing the total polypropylene capacity of the plant, in which it owns a 50% interest in partnership with Samsung, to 554,000 tons per year.

In addition, the company has completed the expansion of the naphtha cracker, with the updating of the associated downstream units, boosting the ethylene capacity of the cracker from 600,000 to 820,000 tons per year.

The company also said one styrene monomer unit has been expanded from 380,000 tons to 600,000 tons per year, including the conversion of the ethylbenzene section from gas to liquid phase, and incorporating energy-efficient multi-effect distillation in the purification section. The styrene production in the Daesan facility is currently 850,000 tons per year.

According to Total, the Daesan facility expansion project will allow it to consolidate its commercial position in the Asian countries, in particular on the Chinese markets.

Oct 16 (Reuters)

French energy group Total on Tuesday announced the start-up of a new polypropylene production unit at South Korea's Daesan plant, which it jointly owns with Samsung Group.

The new unit, with a capacity of 300,000 tonnes per year, will bring the total polypropylene capacity of the plant to 554,000 tonnes per year, Total said in a statement, adding the expansion project would allow it to strengthen its position in Asia, and China in particular.

Total has recently completed an expansion of the naphtha cracker at Daesan, boosting its ethylene capacity to 820,000 tonnes per year, from 600,000 tonnes per year.

The Samsung Total Petrochemicals joint-venture was created in April 2003, with Total and Samsung each holding a 50 percent stake.

In June, the Korea Economic Daily said Samsung Total would invest another 400 billion won ($384.3 million) next year to raise its output capcity, and that it was considering building a production plant in the Middle East.

But Total Petrochemical, a unit of Total, denied this was the case.


2009/12/29 中央日報

第一毛織、中国に合成樹脂技術を輸出

 第一毛織はペトロチャイナ子会社の吉林石化とABS樹脂生産工場設立と生産のための技術協力契約を締結したと22日、明らかにした。

  この契約で第一毛織は吉林石化に2012年までABS生産技術などを伝授し、技術支援費と教育訓練費として2814万ドルを受けることになる。

Yes, it is the new 400 kt/a ABS project of PetroChina Jilin Petrochemical Co.  
Jilin Petrochemical held a groundbreaking ceremony in Jul. 2009 for 2 ABS line and a 10 Mt/a refinery.  


2010/1/8  

CB&I awarded contract from Jilin

CB&I announced today that Petrochina Jilin Petrochemical Company (Jilin) has awarded a contract to Lummus Technology, a CB&I company, for the license and process design of a grassroots ethylbenzene and styrene monomer (EB/SM) plant in Jilin, China. It has a design capacity of 320,000 metric tonnes of styrene monomer per annum and will utilize proprietary technologies provided by Lummus/UOP to minimize costs while providing exceptional reliability and product quality.

The plant, expected to start up in 2011, is the second EB/SM plant awarded to Lummus Technology by Jilin. Styrene is used to make products in the plastics and rubber industries including food containers, insulation and automobile parts.


2009/11/26 

PetroChina Expands Jilin Refinery Capacity by 43%, Xinhua Says

PetroChina Co. is expanding its refinery in the northern province of Jilin, the official Xinhua News Agency said, citing an unnamed official at the plant.

The company is increasing the refinerys capacity to 10 million metric tons a year, or 200,000 barrels a day, from 7 million tons annually, the news agency said.


  吉林石化は中国国営石油会社が全額出資した石油化学専門企業で、60余りの工場で115種類の石油化学製品を生産している。 ABSは、各種の家電製品や事務機器、自動車の内外装材に使用される代表的な合成樹脂。

  イ・チャンジェ第一毛織ケミカル部門長は「
イランに続き中国にABS技術を輸出することで、新しいレベルのグローバルビジネス領域を開拓した。特殊樹脂技術の開発投資を拡大し、世界的な化学企業とのパートナーシップを強化していく計画」と述べた。

第一毛織はサムソン系列で、1954年に設立された。繊維業からスタートし、紳士服のフォーマル/カジュアル部門を立ち上げて、韓国のトータルファッションのリーディングカンパニーとして成長した。 繊維のみならず合成樹脂などの化学素材から電子化学材料まで幅広い製品を生産している。  

合成樹脂部門では、PSABSPC、エンプラ、人工大理石を扱っている。
現在の能力は
PS 14万トン、EPS 8万トン、ABS 42万トン、PC 65千トンとなっている。


2005/10

第一毛織、イランに1000万ドルの技術輸出

韓国の第一毛織がイランに合成樹脂生産技術を輸出する。同社はイラン国営石油化学グループNPCの系列会社
Tabriz Petrochemicalに、家電製品と自動車内装材に使われる合成樹脂ABSと食品容器生産用SAN樹脂の生産技術を支援することにしたと発表した。
第一毛織側は今回の技術輸出で技術ロイヤルティーのほか、技術支援費、教育訓練費など計1000万ドル相当の収益が期待できると説明した。

 


2011/12/1 朝鮮日報

サムスン物産、米油田開発企業を買収

 サムスン物産は30日、韓国石油公社と共同で、石油・ガス資源開発企業の米Parallel Petroleumを8億ドル(約622億円)で買収したと発表した。買収後の持ち株比率は、サムスン物産90%、石油公社10%。

 パラレルは、テキサス州を拠点とする油田開発企業で、テキサス、ニューメキシコの各州に生産中の油田8カ所、ガス田2カ所を保有しているほか、三つの探査鉱区の権益を持つ。同社の油田の埋蔵量は6900万バレル。

 サムスン物産関係者は「パラレルの買収で、米国での資源事業を拡大する足掛かりをつかんだ」と説明した。サムスン物産はこれに先立ち、2008年にメキシコ湾のアンカー鉱区(埋蔵量7100万バレル)を取得したほか、中国、中東、南米、アフリカなどで油田、レアアース(希土類)の開発を拡大している。

 PARALLEL PETROLEUM LLC is an independent energy company headquartered in Midland, Texas, engaged in the acquisition, development and production of long-lived oil and natural gas properties. Parallel utilizes 3-D seismic technology, advanced drilling and completion techniques, and enhanced oil recovery processes. The Company's current operations are primarily concentrated in the Permian Basin of West Texas and New Mexico, the largest onshore oil and natural gas basin in the United States.

Parallel Petroleum LLC aggressively pursues growth opportunities in the continental United States and is an affiliate of funds managed by Apollo Global Management, LLC and its subsidiaries, a leading global alternative asset manager.


January 27, 2012 Total 

Major Expansion and Upgrade Project at Samsung Total Petrochemicals’ Complex in Daesan, South Korea

Total is consolidating its positions in petrochemicals in Asia with a new expansion and upgrading project for the Daesan complex in South Korea, which the Group owns with Samsung as part of the Samsung Total Petrochemicals 50/50 joint venture.

With costs approaching $1.8 billion, the project calls for the construction of a second aromatics1 unit and an ethylene-vinyl acetate (EVA) copolymer unit at the Daesan petrochemical complex.

The new aromatics unit will have a production capacity of around 1 million metric tons of paraxylene and 420,000 metric tons of benzene per year and will be completed by September 2014. Paraxylene is used to manufacture polyester, while benzene is used to produce petrochemical products such as styrene2.

With the completion of the aromatics unit in 2014 and the upgrade of existing paraxylene capacity (610→760千トン)in 2012, total paraxylene production capacity will be increased to 1.76 million metric tons.

The new EVA unit will produce 240,000 metric tons per year of ethylene-vinyl acetate copolymers. This resin is used in products such as electrical cables, adhesives and solar panels. Environmentally friendly and versatile, EVA is expected to see continued growth in demand.

"This investment project in partnership with Samsung is aligned with Total’s strategy of expanding in growth markets. It gives us the strong base we need to maintain our position as a leading supplier of value-added products to meet demand in Asia, especially China,” said Patrick Pouyanné, President of Total’s Refining - Chemicals business. “We are pursuing our strategy of focusing our spending on our most efficient integrated platforms, such as the Daesan complex.”

The Daesan petrochemical complex is a world-class facility that manufactures four main products — polypropylene, polyethylene, styrene monomer and paraxylene. Fifty percent of its output is exported, primarily to China.

Samsung Total Petrochemicals

Set up in 2003, Samsung Total Petrochemicals is a 50/50 joint venture between Total and Samsung. It combines Total’s recognized technological expertise and production capabilities with Samsung’s acknowledged operational excellence and access to local markets. The joint venture supplies a wide range of products, from building block intermediate chemicals to polymers used in everyday products.


Total in South Korea

Total’s presence in South Korea extends beyond Samsung Total Petrochemicals to lubricants, LNG, alternative energies, adhesives (through Bostik), antivibration systems (through Hutchinson) and electroplating (through Atotech).

1 Benzene and paraxylene production unit. Derived from oil, these two base chemicals are raw materials for polymers, which are used in the manufacture of plastics.
2 Styrene is a building block intermediate chemical used in the manufacture of many plastics.