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October 26, 2021

LG Chem Yeosu Complex, South Korea

By Carmen

LG Chem Yeosu Complex is an active petrochemical complex located in South Jeolla, South Korea. The complex started commercial operations in 1976 and currently has an active annual capacity of 11.43mtpa. Its capacity is expected to increase to 12.71mtpa in 2030. The plants in this complex are operated by LG Chem.


Key Products Capacity – LG Chem Yeosu Complex, 2020

Key products produced in this complex include ethylene, acrylonitrile-butadiene-styrene (ABS), ethylene dichloride (EDC), cumene, propylene etc.


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Ethylene accounts for major capacity share i.e., 10.3% of the total annual capacity of the complex with 1.18mtpa, followed by acrylonitrile-butadiene-styrene (ABS) and ethylene dichloride (EDC) with 8.3% (0.95mtpa) and 7.3% (0.84mtpa) respectively.

Details of key upcoming projects in LG Chem Yeosu Complex

The complex is set to add capacity with upcoming plant, LG Chem Yeosu Acrylic Acid Plant 4 Expansion (0.18mtpa).

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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