Daelim to build and run polybutene plant in Saudi Arabia

By Park Sae-jin Posted : January 16, 2019, 11:06 Updated : January 16, 2019, 11:06

[Daelim]



SEOUL -- Daelim Industrial, a South Korean construction and petrochemical company, will build and operate a petrochemical plant in Saudi Arabia to produce polybutene, an organic polymer used as key materials for sealants, adhesives and cosmetics products.

Daelim said in a statement Wednesday that it would build a factory capable of producing 80,000 tons of polybutene annually in a petrochemical complex in Jubail.  Construction starts in 2022 for commercial operation in 2024.

Daelim currently operates a polybutene factory with a production capacity of 200,000 tons per year in an industrial complex in the southern port city of Yeosu. The company plans to boost production.
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