Hanwha TotalEnergies completes construction of polyolefin elastomer pilot plant17. August 2023
At the end of June, Hanwha TotalEnergies announced the completion of construction work on a pilot plant for the production of highly functional copolymers. These materials are used in industrial components such as car parts and cable insulation, according to the company. The pilot plant in Daesan, about 83 kilometres south of Seoul, will produce polyolefin elastomers (POE). Furthermore, tests for processing and manufacturing POEs will be conducted there, the company said in a press release. Equipment and components used in this field usually require KC Certification or KGS Factory Registration to be approved for import and distribution in Korea.
Hanwha TotalEnergies is a 50:50 joint venture between South Korea’s Hanwha Group and France’s TotalEnergies SE. Together, they have invested about US$26 million in the pilot plant, with the goal of producing about 200 tonnes of POEs annually. POE is a highly functional plastic, known for its flexibility like rubber but with the resilience like plastic. POEs are used in interior and exterior automotive parts, cable and wire insulation, coatings and medical products. POE has also recently found an application as a coating for solar cells. Within the Hanwha Group, Hanwha Solutions Corp. is responsible for the solar cell business.
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