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LG Chem shuts aromatics unit following control-room fire

November 06/2020

MOSCOW (MRC) -- LG Chem, a South Korean petrochemical major, has shut down its aromatics unit in Yeosu following a fire at the company's cracker at the same site on 5 November, according to Chemweek.

The unit can produce 180,000 mt/year of benzene, 115,000 mt/year of toluene and 80,000 mt/year of xylenes.

The aromatics unit could stay offline for 2Ц3 weeks.

As MRC reported earlier, a fire broke out at its central control room at the Yosu cracker complex at around midnight local time (15:00 GMT) onn 5 November, the company said. The country's largest chemical company said it was in the process of figuring out the cause of the fire. The facility can process about 1.2 million tonnes of ethylene per year (tpy).

Benzene is the main feedstock for the production of styrene monomer (SM). which, in its turn, is used for the production of  polystyrene (PS).

According to MRC's ScanPlast report, Russia's estimated consumption of PS and styrene plastics totalled 362,820 tonnes in the first nine months of 2020, down by 1% year on year. September total estimated PE consumption in Russia was 48,690 tonnes, up by 13% year on year.

LG Chem Ltd., often referred to as LG Chemical, is the largest Korean chemical company and is headquartered in Seoul, South Korea. 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.
Author:Margaret Volkova
Tags:PS, benzene, propylene, styrene, ethylene, LG Chem, Russia, South Korea.
Category:General News
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