HD HYUNDAI COSMO PETROCHEMICAL CO., LTD.

the company profile for HD HYUNDAI COSMO PETROCHEMICAL CO., LTD., including its business type, translated into English.

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HD HYUNDAI COSMO PETROCHEMICAL CO., LTD. - Company Profile

1. Overview:

HD Hyundai Cosmo Petrochemical Co., Ltd. (often referred to as "HDC") is a significant player in the South Korean petrochemical industry. It was established as a joint venture between HD Hyundai Oilbank Co., Ltd. (a major South Korean oil refiner, part of the HD Hyundai Group) and Cosmo Oil Co., Ltd. (a leading Japanese oil and energy company). This collaboration leverages the strengths of both parent companies in refining, petrochemical production, technology, and market access.

2. Location:

The company's production facilities are strategically located in the Daesan Petrochemical Complex in Seosan, Chungcheongnam-do, South Korea. This is one of the country's major petrochemical hubs, offering logistical advantages and integration with related industries.

3. Main Business and Products:

HDC specializes in the production of aromatics, which are fundamental petrochemical building blocks. Their primary products typically include:

Paraxylene (PX): This is often their flagship product. PX is a crucial raw material for producing Purified Terephthalic Acid (PTA), which is then used to make polyester fibers (for textiles) and PET resins (for plastic bottles).

Benzene: Used as an intermediate to produce other chemicals like styrene (for plastics), cumene (for phenol and acetone), and cyclohexane (for nylon).

Mixed Xylene (MX): Can be sold as is or further processed to extract specific isomers like Paraxylene.

Other related aromatic products or by-products.

4. Business Type: Manufacturer (Factory)

HD Hyundai Cosmo Petrochemical Co., Ltd. is fundamentally a manufacturer. They operate large-scale chemical production plants (factories) to convert feedstocks (like naphtha, supplied often by HD Hyundai Oilbank) into the petrochemical products mentioned above. They are not primarily a trading company, although like any large manufacturer, they engage in sales and potentially some trading activities directly related to their feedstocks and products. Their core identity and operations are centered around manufacturing.

5. Key Characteristics:

Joint Venture Structure: Benefits from the expertise and resources of both HD Hyundai Oilbank and Cosmo Oil.

Large-Scale Production: Operates significant production capacities for key aromatic chemicals.

Strategic Importance: Supplies essential raw materials for downstream industries, particularly the polyester and plastics sectors.

Part of HD Hyundai Group: Integrated within the broader energy and heavy industries portfolio of the HD Hyundai conglomerate (formerly Hyundai Heavy Industries Group).

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This profile provides a concise overview of HD Hyundai Cosmo Petrochemical Co., Ltd. and clearly identifies it as a manufacturer operating production facilities.

here are the main products manufactured or sold by HD HYUNDAI COSMO PETROCHEMICAL CO., LTD., translated into English:

HD HYUNDAI COSMO PETROCHEMICAL CO., LTD. primarily produces and sells aromatic petrochemical products. Key products include:

Paraxylene (PX)

Benzene

Mixed Xylene (MX)

These are fundamental chemicals used as raw materials in various industries, particularly for producing synthetic fibers (like polyester), plastics (like PET bottles and polystyrene), and solvents.