MOSCOW (MRC) -- South Korea-based Daelim's petrochemical business division is planning to invest KRW74bn (USD67m) to expand its highly reactive polybutene plant located at Yeosu National Industrial Complex, said Chemical-technology.
The investment will help the company expand annual output of its existing Yeosu plant from 65,000t to 100,000t by November 2016. Following expansion, the company will be able to produce 185,000t of polybutene per year, including the polybutene plant's annual production output of 85,000t of general-purpose polybutene.
Polybutene is used as raw material for lubricant additives and fuel purifiers, and the highly reactive polybutene improves production efficiency as it simplifies the lubricant manufacturing process. "Following expansion, the company will be able to produce 185,000t of polybutene per year, including the polybutene plant's annual production output of 85,000t of general-purpose polybutene."
In addition, eco-friendly products can be produced since polybutene has no chlorine ingredient. The eco-friendly lubricant additive and fuel purifier markets are expanding as environmental regulations are consolidated worldwide.
More than 90% of Daelim's polybutene products are exported to global lubricant additive manufacturers including Chevron, Lubrizol, and Infineum.
The company claimed it developed a highly reactive polybutene with improved functionality of existing general-purpose polybutene.
According to market demand, the company operates production facilities by developing a technology to produce general-purpose polybutene and highly reactive polybutene together, using the swing process in a single plant for the first time in the world.
MRC