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October 22, 2021updated 26 Apr 2022 12:31pm

LG Chem Daesan Complex, South Korea

By Carmen

LG Chem Daesan Complex is an active petrochemical complex located in Gyeonggi Province, South Korea. The complex started commercial operations in 1989 and currently has an active annual capacity of 5.97mtpa. Its capacity is expected to remain the same as 5.97mtpa in 2030. The plants in this complex are operated by LG Chem.


Key Products Capacity – LG Chem Daesan Complex, 2020

Key products produced in this complex include ethylene, propylene, polyethylene, polypropylene, phenol etc.


Ethylene accounts for major capacity share i.e., 21.2% of the total annual capacity of the complex with 1.27mtpa, followed by propylene and polyethylene with 8.7% (0.52mtpa) and 6.5% (0.39mtpa) respectively.

About LG Chem


LG Chem Ltd (LG Chem), an affiliate of LG Corp, is a chemical manufacturer. The company manufactures and markets petrochemicals, IT and electronic materials, and energy solutions. Its product portfolio comprises poly vinyl chloride (PVC), ethylene, propylene, butadiene, benzene, polarizer, glass substrate, semiconductor materials and RO membranes among others. It also offers growth hormone, vaccine, antidiabetic products, and manufactures and supplies display and battery materials for LCD photoresist, OLED materials, battery materials and others. It owns and operates manufacturing facilities in Yeosu, Daesan, Ochang, Cheongju, Ulsan, Naju, Iksan, Paju and Gimcheon. The company has operation in China, India, Germany, the US, Vietnam, Brazil, Taiwan, Hong Kong and Poland, among others. LG Chem is headquartered in Seoul, South Korea.

Methodology

Information on the petrochemical complexes/plants is sourced from GlobalData’s oil & gas petrochemicals plants database that provides detailed information on all active and upcoming, petrochemical plants globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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