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Lotte Chemical Titan starts maintenance at PP plant

October 08/2019

MOSCOW (MRC) -- Lotte Chemical Titan has take off-stream its polypropylene (PP) plant for a turnaround, according to Apic-online.

A Polymerupdate source in Malaysia informed that the company has undertaken a planned shutdown at the plant on October 2, 2019. The plant is slated to remain shut for around two weeks.

Located at Pasir Gudang, Malaysia, the PP plant has a production capacity of 200,000 mt/year.

As MRC wrote before, in September 2018, Lotte Chemical Titan successfully began commercial operations at its new PP plant in Pasir Gudang, Johor, Malaysia. The 200,000-t/y facility is known as PP3. The cost of the project was not given.

According to MRC's ScanPlast report, the estimated PP consumption in the Russian market was 796,120 tonnes in January-July 2019, up by 11% year on year. Shipments of PP block copolymer and homopolymer PP increased.

Lotte Chemical Titan produces Malaysia's most comprehensive portfolio of olefins and polyolefins which contribute to the enhancement of everyday life. Lotte Chemical Titan's production site in Malaysia consists of eleven process facilities, two co-generation plants and three tank farms. They are located on 2 sites in Pasir Gudang and Tanjung Langsat in the state of Johor. In 2006, Lotte Chemical Titan acquired PT Lotte Chemical Titan Nusantara, Indonesias first and largest polyethylene plant in the country. This acquisition boosted the polyolefins capacity by approximately 50%, thus making the company one of the largest producers in South East Asia. Lotte Chemical Titan was acquired by Lotte Chemical Corp., forming part of the Lotte conglomerate of Korea, in 2010. The company thus became one of Lotte Chemical Corp.s largest overseas subsidiaries.
Author:Margaret Volkova
Tags:PP, PP block copolymer, homopolymer PP, Honam Petrochemical, Lotte Chemical, Malaysia, Russia.
Category:General News
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