S.Korea's LG Chem, Lotte plan maintenance at naphtha crackers in 2022

LOTTE CHEMICAL

24/01/2022 07:22

SEOUL, Jan 24 (Reuters) - South Korea's LG Chem Ltd
 051910.KS  and rival Lotte Chemical  011170.KS  are expected to
shut their respective naphtha crackers, both in the Korean city
of Yeosu, for scheduled maintenance this year, industry sources
said. 
    LG Chem is expected to put its Yeosu naphtha cracker under
scheduled maintenance sometime in the second half of 2022. LG
Chem's Yeosu naphtha cracker can produce 1.16 million tonnes per
year (tpy) of ethylene. 
    Lotte Chemical is expected to put its Yeosu naphtha cracker
under scheduled maintenance around May or June. Lotte's Yeosu
naphtha cracker can produce 1.2 million tonnes per year (tpy) of
ethylene. 
    The sources said the timings have not been finalised as yet.
    

 (Reporting by Joyce Lee; Editing by Sherry Jacob-Phillips)
 ((joyce.lee@tr.com;))