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LG Chem completes turnaround at Yeosu cracker

December 03/2018

MOSCOW (MRC) -- LG Chem, the South Korean petrochemical major, has resumed operations at its naphtha cracker in Yeosu, according to Apic-online.

A Polymerupdate source in South Korea informed that the company has restarted the cracker on November 27, 2018 following a maintenance turnaround. The cracker remained off-line for around one month.

Located at Yeosu in South Korea, the cracker has an ethylene capacity of 1 million mt/year, propylene capacity of 500,000 mt/year.

As MRC informed before, LG Chem is planning to spend USD2.4-billion to expand its naphtha cracking center (NCC) and polyolefin (PO) plant in Yeosu, South Korea. The project, which will expand the NCC and PO facility by 800,000 t/y each, is expected to be completed in the second half of 2021.

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.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, propylene, ethylene, LG Chem, South Korea.
Category:General News
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