The SK Advanced JV has begun commercial operation at its propane dehydrogenation (PDH) plant at Ulsan in South Korea with capacity to produce 600,000 tons/year of propylene. Three-quarters of output is slated for export to China. Korea’s SK Gas has 45% JV, Saudi firm Advanced 30% and Kuwaiti state petchems firm PIC 25%.
PIC bought in earlier this year for $100mn; parent firm KPC will supply a “significant percentage” of the plant’s 710,000 t/y propane feedstock (MEES, 22 January). (CONTINUED - 121 WORDS)
