Lotte Chemical Titan holds groundbreaking for new petchem complex
With an investment of around $3.5 billion, the LINE project is expected to produce 1 million tons/year of ethylene, 520,000 tons/year of propylene and 400,000 tons/year of PP.
The company is expected to start building the complex in 2019 or 2020, while the construction is scheduled to be completed in 2023.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- African PE, PP markets extend slide into May
- Asian PS, ABS markets at 2½-3-year lows amid Chinese oversupply
- India’s Q1 PVC imports hit record-high; did buyers rush to stock up before expected restrictions?
- LDPE prices move below LLDPE, HDPE on global lethargy
- Slide deepens in Middle Eastern PP, PE markets through May
- Oil prices down for fourth straight week, delicate balance ahead
- European ABS under pressure from aggressive imports, PS holds firm
- Türkiye witnesses plentiful PE offers amid globally weak demand
- India PP, PE markets’ slump extends into third month ahead of monsoon
- PP sellers trim May offers further, prices hit 3-month low in Europe