Bloomberg News

Samsung Total Halts Polypropylene Plant in Daesan

June 18, 2008

Samsung Total Petrochemicals Co., South Korea's third-biggest ethylene producer, shut its polypropylene plant in Daesan because of a technical problem.

Samsung Total plans to resume operation at the plant, which has a capacity of 300,000 metric tons a year, at about 2 a.m. local time on June 20 after repairs, the Daesan, South Korea- based company said in an e-mailed statement today.

The plant experienced a ``small'' technical fault at 8:30 a.m. local time today and the halt is estimated to cost the company 1,600 tons of output loss. Polypropylene is one of the building blocks for plastic packaging and synthetic fibers.

Samsung Total, which operates a naphtha-processing plant in the southwestern city of Daesan with a capacity of 850,000 tons a year, is equally owned by France's Total SA (FP) and South Korea's Samsung Group.

To contact the reporter on this story: Shinhye Kang in Seoul at

To contact the editor responsible for this story: Amit Prakash at

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