Petrochemical Industry
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Petrochemical Industry
Korea is the world’s 4th largest chemical production (ethylene 12,800, 000 tons/year) country. 292 companies in Ulsan produced KRW 102 trillion, making Usan the largest petrochemical producing city in Korea.
Ulsan is home to Asia's largest chemical industrial complex (74㎢) as well as oil-refining factories in world-classs scale such as SK Energy (840,000 barrels/day), S-oil (669,000 barrels/day). In addition, Korea's leading chemical companies such as SK Geo Centric, Lotte Chemical, KPIC, and Kumho PC and global chemical companies including BP, Mobil, Dupont, BASF, and Eastman are all gathered and engaged in active production activities.
In addition, Ulsan will realize its vision to become Asia's top advanced chemical industry city by 2030 through concentration of national research centers and specialized R&D complexes including the Division of Specialty and Bio-Based Chemicals Technology under the Korea Research Institute of Chemical Technology and the Fine Chemical and Material Technology Support Division under Ulsan Technopark, and fostering new industries such as biochemistry, fine chemistry, and nano chemistry.
Ulsan is home to Asia's largest chemical industrial complex (74㎢) as well as oil-refining factories in world-classs scale such as SK Energy (840,000 barrels/day), S-oil (669,000 barrels/day). In addition, Korea's leading chemical companies such as SK Geo Centric, Lotte Chemical, KPIC, and Kumho PC and global chemical companies including BP, Mobil, Dupont, BASF, and Eastman are all gathered and engaged in active production activities.
In addition, Ulsan will realize its vision to become Asia's top advanced chemical industry city by 2030 through concentration of national research centers and specialized R&D complexes including the Division of Specialty and Bio-Based Chemicals Technology under the Korea Research Institute of Chemical Technology and the Fine Chemical and Material Technology Support Division under Ulsan Technopark, and fostering new industries such as biochemistry, fine chemistry, and nano chemistry.
Status of Ulsan’s Petrochemical Industry (No.1 as of 2021)
Output(26.8%) - Ulsan: KRW 77,951,000 million, Korea: KRW 291,019,600 million
Added-Value(18.8%) - Ulsan: KRW 16,200,900 million, Korea: KRW 86,315,600 million
Number of Businesses(2.7%) - Ulsan: KRW 24.8 billion, Korea: KRW 906.2 billion
Number of Workers(6.8%) - Ulsan: KRW 2,536,600 million, Korea: KRW 37,167,500 million
Primary Petrochemical Products of Companies in Ulsan
(Unit: 1,000 tons/year)
- Naphtha, etc.
- Ethylene
- LDPE
- Naphtha Cracking Center
- hDPE
- edc
- vcm
- pvc
- Ethanol
- Acetaldehyde
- Ethyl acetate
- Propylene
- Polypropylene
- Acrylonitrile
- Polypropylene glycol
- Propylene oxide
- Propylene glycol
- C4 mixture
- mma
- Pmma
- Butadiene
- sbr
- sb-latex
- h-RPG
- Petroleum resin
- Normal paraffin
- sm
- PS/EPS
- BTX extraction plant
- Benzene
- Alkylbenzene
- ABS
- Maleic anhydride
- Toluene
- caprolactam
- Maleic anhydride
- Xylene
- Ortho-xylene
- Phthalic anhydride
- Para-xylene
- TPA
- Methanol
- Glacial acetic acid
- DMT
- MTBE