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South Korea's Lotte resumed MEG productionsSouth Korea's Lotte resumed MEG productions |
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According to market sources, Lotte Chemical Corporation has restarted its No. 3 monoethylene glycol (MEG) unit since 29 September 2016.
Based in Yeosu, South Korea, the No. 3 MEG unit has a production capacity of 160,000 ton/year. It has been shut since end of august due to sluggish market sentiment.