Challenge and Response
With the construction of the Naphtha Cracking Center with an annual productive capacity of 250 thousand tons in 1991, KPIC has verticalized the processes of its petrochemicals production. However, the liberalization of investment in the petrochemical sector became the background of the first serious crisis since the establishment of KPIC. The challenge was successfully met by the joint efforts of the management and the workers. Despite the challenge, KPIC continued to pursue active managerial and industrial innovations for the development of high value added products. In this period, Technology Research Institute was established and KPIC acquired ISO 9002 and ISO 14001 certificated.
Jan 4, 1989 | The construction of Naphtha Cracking Center in Onsan begins. |
Mar 1, 1989 | The construction of the Seventh Ulsan Plant fro the production of high density polyethylene is completed. |
Nov 7, 1989 | Anyang Depository begins operation. |
Dec 23, 1990 | The construction of Research & Development Center is completed. |
Nov 2, 1991 | The construction of Onsan Naphtha Cracking Center is completed. |
Jun 29, 1994 | Ulsan Plant (PP and HDPE) acquires ISO 9001 certification. |
Oct 25, 1995 | Onsan Plant (ethylene, propylene, mixed C4, Pyrolysis gasoline) acquires ISO 9001 certification. |
Nov 9, 1996 | KPIC acquires ISO 14001 certificate for the establishment of an environmental management system that controls all aspects of production processes. |
Nov 11, 1996 | KPIC participates in the projects for super crystallization PP and low melting point Random Copolymer. (Technology transfer contract is signed with Japan’s CHISSO.) |