MOSCOW (MRC) -- LG Chem is likely to shut its polyvinyl chloride (PVC) plant for a maintenance turnaround, as per Apic-online.
A Polymerupdate source in South Korea informed that the plant is planned to be shut in early next week. It is expected to remain shut till end-October 2015.
Located in Daesan, South Korea, the PVC plant has a production capacity of 240,000 mt/year.
As MRC wrote earlier, LG Chemical shut down its polypropylene (PP) plant in South Korea for maintenance turnaround in late March 2015. It remained off-stream for around one month. Located at Daesan in South Korea, the plant has a production capacity of 600,000 mt/year.
LG Chem Ltd., often referred to as LG Chemical, is the largest Korean chemical company and is headquartered in Seoul, South Korea. According to ICIS report, it is 15th biggest chemical company in the world in 2011. It has eight domestic factories and global network of 29 business locations in 15 countries. LG Chem is a manufacturer, supplier, and exporter of petrochemical goods, IT&E Materials and Energy Solutions.
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