Hyundai Chemical Co. will use Honeywell UOP technology to augment its petrochemicals complex in Daesan Republic, South Korea, to make its own feedstock material to enhance profitability.
GCP source said that, the facility will use technology as well as modular equipment from Honeywell UOP to allow the plant to make mixed xylenes used as a feedstock by the plant to produce para-xylene building block for synthetic fibers, packaging and plastics.
Using Honeywell UOP technology and equipment will allow Hyundai Chemical to better manage its operations and make it a more competitive player in the market for para-xylene, said by market source.
