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Lotte Chemical Titan idles cracker No. 2 in Malaysia

January 20/2021

MOSCOW (MRC) -- Lotte Chemical Titan has shut its No. 2 cracker in Malayisia because of a technical issue, reported Chemweek.

The company encountered technical problems at this cracker, located in Pasir Gudang, Malaysia, which produces 522,000 tons/year of ethylene and 360,000 tons/year of propylene, on 14 January, 2021, and was forced to lower its capacity utilisation. But then the facility was shut and is expected to remain off-line for 2-3 weeks.

As MRC informed before, in early March, 2020, Lotte Chemical Titan shut its No. 2 cracker for a 30-day scheduled maintenance.

The company also has a cracker No. 1 at this site with a capacity of 285,000 tonnes of ethylene per year.

We remind that Lotte Chemical Titan plans to add a naphtha-fed steam cracker with an ethylene production capacity of 1 million mt/year to its petrochemical facility in Merak of Banten province, Indonesia by 2023, making it an integrated petrochemical complex.

The company currently has two high density polyethylene (HDPE) plants and one linear low density polyethylene plant (LLDPE) at the same site, with a total production capacity of 450,000 mt/year. The polyethylene (PE) plants source ethylene feedstock from Lotte Chemical Titan's Malaysia facility.

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

According to MRC's DataScope report, PE imports to Russia decreased in January-November 2020 by 17% year on year and reached 569,900 tonnes. High density polyethylene (HDPE) accounted for the greatest reduction in imports. At the same time, PP imports into Russia increased by 21% year on year to about 202,000 tonnes in the first eleven months of 2020. Propylene homopolymer (homopolymer PP) accounted for the main increase 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, homopolymer PP, propylene, HDPE, ethylene, Honam Petrochemical, Lotte Chemical, Malaysia, Russia.
Category:General News
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