9 January 2019
Products
- Glacial Acetic Acid (Food Additive)
- - Chemical formula: CH3COOH
- - Content: more than 99.0% of acetic acid
- - Appearance: Colorless transparent liquid with unusual irritating odor
- - Specification
ㆍ Solidification point 14.5 ° or higher, arsenic 1.3ppm or less
ㆍ Lead 0.5ppm or less, mercury 1.0ppm or less
ㆍ Oxidizing substance decomposition time 30 minutes
or more, evaporation residue 1mg or less
- Acetic Acid (Food Additive)
- - Contents: Containing 29.0 ~ 31.0%
- - Appearance: Colorless transparent liquid with unusual irritating odor and acidity
- - Standards
ㆍ Arsenic 4ppm or less, Heavy metals 10ppm or less
ㆍ Oxidizing substance decomposition time 30min or more,
Evaporation residue 1mg or less
- Vinegar , Meal (seasoned food)
- - Vinegar refers to synthetic vinegar prepared by diluting vinegar,
acetic acid or acetic acid produced by fermentation
with cereal, fruit, liquor, etc., as drinking water. - - Content: Less than 4.0 ~ 29.0% (w / v%) of acetic acid
(2.6% or more of persimmon) - - Appearance: It should have original color and flavor and should be free of odor.
(However, synthetic vinegar should be colorless and transparent.)
※ The concentration of vinegar sold in the market is about 5 ~ 7%.
DETAILS
BP and Lotte have agreed
a major expansion of production capacity
at their joint venture
Lotte BP Chemical Company Limited
facility in Ulsan, South Korea.
Lotte BP Chemical Company Limited
is a joint venture between
BP 50.94% and Lotte 49.06%.
The expansion is expected to add
100,000 tonnes a year (tpa) of acetic acid capacity
by May 2019 through debottlenecking, and
to double the current 200,000 tpa
vinyl acetate monomer (VAM) capacity
with the addition of a second VAM plant
by the end of 2020.
Following the expansion,
acetic acid capacity will grow
from 550,000tpa to 650,000tpa, and
VAM capacity will grow
from 200,000tpa to 400,000tpa.
The new expansion will bring
total production capacity of the site
to over 1 million tpa.
The expected investment of $175 million
will be funded by the joint venture.
Nigel Dunn,
BP petrochemicals vice president for acetyls
“This project demonstrates our ability
to execute low capital cost debottlenecks
to meet customer needs.
Building on the long-standing success of our partnership
with Lotte, this expansion will allow us to continue
to meet Korea’s growing demand
for these key petrochemicals.”
Soo-Young Huh,
Vice chairman of Lotte
“We are pleased with the successful launch of this project,
based on the track record of manufacturing excellence
of Lotte BP and expect it to strengthen
the partnership between BP and Lotte.”
Contacts
BP press office,
London: +44 (0)20 7496 4076,
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