LG Chem reduces capacity utilisation at its steam crackers in South Korea on weak margins

LG Chem reduces capacity utilisation at its steam crackers in South Korea on weak margins
WESPECH PTE LTD
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17.01.2022

MOSCOW (MRC) -- LG Chema, South Korean petrochemical major, reduced run rates at all of its three naphtha crackers in Deasan and Yeosu, South Korea to approximately 80% on 5 January, 2021, on the back of weak demand and highly volatile upstream naphtha costs, according to CommoPlast with reference to market sources.All three crackers with a combined capacity of 3.25 million tons of ethyl

Full article at mrcplast.com

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