Axens pyrolysis gasoline unit successfully started-up at Hyundai Chemical petrochemical complex in South Korea
Axens Selective Hydrogenation CatalystsDiscover
Thanks to the strong support of Axens personnel on-site during the commissioning and start-up activities, Axens and Hyundai Chemical, started-up the Pygas units (Pygas first and second stage) in December 2021, few months after entering into a collaboration.
Axens is able to provide at once license, basic design, catalysts (SeLene™ family dedicated to selective hydrogenation), proprietary equipment as well as training and technical services. We found in Axens a trusted partner with whom we work efficiently.
Since the first steps of the project, Axens and Hyundai Chemical Co. worked in close collaboration with the aim of optimizing the process scheme, thus achieving lower energy consumption on the Pygas first stage and less investment in equipment for the Pygas second stage while allowing South Korea to increase even more its ethylene production.
Axens group provides a complete range of solutions for the conversion of oil and biomass to cleaner fuels, the production and purification of major petrochemical intermediates, the chemical recycling of plastics and all natural gas treatment and conversion options. The offer includes technologies, equipment, furnaces, modular units, catalysts, adsorbents and related services. Axens is ideally positioned to cover the entire value chain, from feasibility study to unit start-up and follow-up throughout the entire unit life cycle. This unique position ensures the highest level of performance with a reduced environmental footprint. Axens global offer is based on highly trained human resources, modern production facilities and an extended global network for industrial, technical supports & commercial services. Axens is an IFP Group company.
About Hyundai Chemical, Co, Ltd
Hyundai Chemical was established from a strategic joint venture between Hyundai Oilbank and Lotte Chemical on May 20, 2014. Hyundai Chemical is manufacturing petroleum products such as LPG, naphtha, kerosene and diesel, etc., and petrochemical products such as MX and benzene, etc. using condensate as the raw material, and is planning to additionally manufacture petrochemical products such as polyethylene and polypropylene, etc. after the completion of HPC Project. HPC, unlike the competitors who use naphtha as the main raw material, has secured high cost competitiveness in comparison to the competitors by using Treated De-Asphalted Oil (T-DAO), Propane and by-product gas, etc., which are cheaper than naphtha, as the raw materials. Majority of products and by-products that Hyundai Chemical manufactures are sold to Hyundai Oilbank and Lotte Chemical, which are the stockholders, and Hyundai Cosmo, a subsidiary company of Hyundai Oilbank, under contract, thereby having secured stable revenue base and outstanding competitive advantages. As the first joint venture established by a domestic refinery and a petrochemical company, Hyundai Chemical will keep evolving into a global petrochemical company with cooperation between both companies.