|
|
South Korea's LG Chem cuts production rate at crackerSouth Korea's LG Chem cuts production rate at cracker |
|
According to market sources, LG Chem has reduced its operational rates of its cracker to around 90-95% starting January 2020 due to weaker economic fundamentals.
Based in Daesan, South Korea, the cracker is able to produce 1.27 million tons/year of ethylene and 650,000 tons/year of propylene.
