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South Korea’s LG Chem to expand ethylene output

by ChemOrbis Editorial Team -
  • 17/10/2016 (16:42)
According to market sources, South Korea’s LG Chem is planning to expand the ethylene production capacity of its naphtha-fed steam cracker at Daesan by 22% to 1.27 million tons/year within 3 years. It is stated that the company will spend 287 billion won ($251.9 million) for the expansion. This will allow the company to raise its overall ethylene capacity to 2.43 million tons/year.
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