Samsung Total
Samsung Total Petrochemicals Co., Ltd., is a joint venture between Samsung Group and Total S.A. (more specifically Samsung General Chemicals and Total Petrochemicals) [1][2] Both companies own a 50% partnership in the venture.
The company manufactures building block chemicals that go into the making of a host of other chemicals needed to make various consumer products. It starts with a naphtha cracker, yielding propylene and ethylene, which are the raw materials in the production of all manner of polymers. Samsung Total divides its operations in three: polymer production (polyethylene, polypropylene, high- and low-density polyethylene), base chemicals (selling the ethylene and propylene the company doesn't use itself, as well as aromatics used to make the materials that go into synthetic fibers), and petrochemicals like solvents and liquefied petroleum gases (propane, butane, etc.).[1]
Samsung Total Petrochemicals is headquartered in Seoul, South Korea, but operates a large petrochemical complex, consisting of 13 separate plants, at Daesan, in Korea’s Chungnam Province.[2] The partnership employs 1100 people.
Samsung Total is managed by Son Seogwon, President and CEO (Samsung) and Marc van der Elst, Executive Vice President (Total).[3]
Samsung Total's headquarters are located at Daesan, the South Chungcheong Province in South Korea. And in addition, PP, PE compounding plant was at Dongkwan in China. Sales offices are operated in Seoul, Busan, Daegu, Gwangju and Daejeon. In Asia, Samsung Total's sales offices are located in Beijing, Shanghai, Shenzhen, Hong Kong, Tokyo, and Nagoya.
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