According to the Korean media Money Today reported, along with the automobile lightweight represent the general trend, can replace steel, with high strength and machinability of engineering plastics has become the focus of attention, the demand is growing steadily. In this situation, the Korean chemical enterprises was accelerated by high performance engineering plastics market into the car.

PPS is a high heat resistance, high performance chemical material, can withstand high temperatures above 200 degrees, is widely used in various fields such as automobiles and aircraft. Recently, automobile fuel emission standards are more stringent, the importance of lightweight automobile has become increasingly prominent. Polyphenylene sulfide compounds in the global aggregate demand is expected to increase in 2020 from 70 thousand tons in 2012 140 thousand tons, the demand in the automotive industry from 37 thousand tons to 72 thousand tons.

Dongli, South Korea (Toray) Advanced Materials Co. Ltd. is located in the Saemangeum Industrial Park mountains factory will officially start the production of polymer materials in high-end PPS (PPS Poly Phenylene Sulfide next month). The plant plans to produce 8600 tons of polyphenylene sulfide resin, 3300 tons of polyphenylene sulfide compounds. The company said a person familiar with the situation, most of the factory products are exported China, few domestic sales in Korea, before 2018 there will be an additional production line, the future of PPS’s annual production capacity will be raised to 20 thousand tons.

On the other hand, Ulsan PPS factory SK Chemical Co. Ltd. and Japan Teijin Corporation building is still in the stage of trial operation, in the second half of this year to begin commercial production. The factory with an annual output of 12 thousand tons of PPS, the future will be increased to 20 thousand tons. The long-term goal of SK chemical industry limited company is ranked the top three market pps. One of the company’s stakeholders explained that the PPS material used for 1kg ordinary cars, and hybrid cars, electric cars for 2? 5 kg, with car growth, PPS market size is expected to continue to expand.

Polyoxymethylene (Polyacetal Polyoxy, Methylene, POM) with high strength, high elasticity, insulation and chemical durability, widely used in automotive, electronics, medicine, construction and other fields. As automobile parts materials,

Mainly used in automotive fuel system components or safety belts. South Korea long plastic Limited by Share Ltd’s flagship product is POM, 16 this month, the company invested with the German chemical company Basf Inc on, $50 million (about 59 billion 300 million won) to set up a joint venture company KOLON BASF innoPOM in South Korea, and built an annual output of 70 thousand tons of equipment in long plastic Limited by Share Ltd of Kimcheon plant, plans from 2018 the second half of the year put into operation, together with the Kimcheon factory annual production capacity of 60 thousand tons of existing ones, will be increased to 130 thousand tons, the two companies are also plans to invest 23 billion 100 million won by 20 thousand tons, so the future poly formaldehyde production capacity can reach 150 thousand tons, becoming the world’s largest production base POM, the main Asian market.

A senior South Korean chemical industry estimates, currently plastics in automotive materials accounted for about 10%, while the high performance plastics market size will be accompanied by the development of automobile industry and increasing, therefore, is expected in 2035 will reach 20%.