South Korea's Samsung Total Petrochemicals is set to expand oil product sales to the domestic and export markets once it starts production of gasoil and jet fuel from its new Daesan aromatics plant later this year, as per Platts. The new plant will enable the petrochemical firm to produce gasoil for the very first time, from a 150,000 bpd condensate splitter primarily designed to supply feedstock for aromatics production, a company official told Platts. Capacity at the Samsung Total plant will comprise 1.05 mln mt of gasoil and 1.45 mln mt of jet fuel annually from its new aromatics plant that will start production as early as July this year. The Won 1.66 trillion (US$1.56 bln) aromatics plant will be mechanically completed by end-April, followed by test runs over one or two months. Commercial production is scheduled to start in July or August. The plant also has a production capacity of 1 mln tpa paraxylene and 420,000 tpa of benzene.
12-Mar-14 
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