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Lotte Chemical Titan postpones maintenance at its No. 1 cracker in Malaysia to 2021

May 13/2020

MOSCOW (MRC) -- Lotte Chemical Titan might carry out a scheduled turnaround at its No. 1 cracker in Malaysia in 2021, reported CommoPlast with reference to a source close to the producer.

No further details on the exact time period is revealed at the moment. The previous news reported that the company might shut down the No. 1 cracker with a capacity of 285,000 tonnes of ethylene per year and polyethylene (PE) 1 in June 2020 for 35 days overhaul.

The company also has a cracker No. 2 at this site with a capacity of 522,000 tonnes of ethylene and 360,000 tonnes of propylene per year, which was shut for maintenance from early March 2020 to late March-early April 2020.

It is also reported that Lotte Chemical Titan completed all maintenance works at its petrochemical plants in Pasir Gudang, Malaysia, in early April 2020. The plants under maintenance included two polypropylene (PP) lines with the capacity of 150,000 and 240,000 tonnes/year, low density polyethylene (LDPE) plant with a capacity of 320,000 tonnes/year and high density polyethylene (HDPE) line No. 3 with a capacity of 115,000 tonnes/year.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 557,060 tonnes in the first three month of 2020, up by 7% year on year. High density polyethylene (HDPE) and linear low density polyethylene (LLDPE) shipments rose because of the increased capacity utilisation at ZapSibNeftekhim. Demand for LDPE subsided. At the same time, PP shipments to the Russian market was 267,630 tonnes in January-March 2020, down 20% year on year. Homopolymer PP and PP block copolymers accounted for the main decrease in imports.

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, PE, LLDPE, PP block copolymer, homopolymer PP, propylene, LDPE, HDPE, ethylene, Honam Petrochemical, Lotte Chemical, Malaysia, Russia.
Category:General News
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