S Korea’s Samsung Total to start up new EVA plant in Feb ‘14

09 September 2013 11:08 Source:ICIS News

SINGAPORE (ICIS)--South Korea’s Samsung Total has decided to bring forward the start-up of its new 240,000 tonne/year ethylene vinyl acetate (EVA) plant in Daesan to February 2014 instead of April 2014, a company official said on Monday.

The EVA plant would come on line earlier than scheduled in light of intensifying competition from new EVA production capacities, the official said.
 
“We are targeting to start up [the EVA plant] on 1 February 2014,” he said. “It will be good for us because of the newcomers in the market.”

Two new EVA plants in Saudi Arabia and South Korea are scheduled to come on stream in the fourth quarter of 2013. 

By Helen Lee