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SK Global to Discontinue Production of Ethylene & EPDM at Ulsan Site

SK Global Chemical, a subsidiary of SK Innovation, plans to shut down its production processes for ethylene and ethylene propylene diene monomer (EPDM) within its naphtha cracking center in Ulsan, South Korea. The 200 kta naphtha cracker, which started commercial operation in 1972, and the EPDM unit, which began commercial operation in 1992, will be mothballed from December 2020 to shift the company's focus to high-value-added chemicals. Separately, SK Global Chemical's planned purchase of Arkema's functional polyolefins business is on schedule to be completed in 1H20.

Date: 
2020/04/02