South koreas lotte chemical is considering expanding production at a us ethane cracker it launched in may, following strong performance in 2019, says an. Cleveland ap ohios republican governor and lieutenant governor met wednesday with officials from one of the companies proposing to build a multibillion dollar ethane cracker plant in sout. Axiall and lotte chemical announce louisiana ethane cracker final investment decision. Thailands largest refining company has chosen belmont county, ohio, to possibly build a large ethane cracker or refinery using shale gas from ohio, pennsylvania and west virginia. Ethane cracker may be built in shale gasrich belmont.
With the commencement of the plant, the south korean company hopes to boost its cost competitiveness by diversifying away from mainly naphtha as a feedstock to make ethylene, a key ingredient for petrochemical products, it said in a statement. Belmont county ethane cracker plant from ptt global. Plan for ethane cracker plant in belmont county takes a step forward. Lacc llc, a 5050 joint venture of lotte chemical corp. Lotte owns an 88 percent in the plant, while westlake corp holds the remainder.
The complex is comprised of an ethane cracker center ecc and an ethylene glycol facility. Pttgc america llc pttgca, a subsidiary of ptt global chemical pttgc, thailands integrated petrochemical and refining company, has let a. Wednesday, march 25, 2020 lotte chemical corp said that its u. Lotte chemical usa starts commercial operations at new ethane.
Lotte chemical company is another which is keen to take advantage of the. First phase of cracker site work complete in belmont county. Situated along the ohio river, the belmont ethane cracker will be. Ptt global lets contract for ohio ethylene cracker oil. At the heart of the project is an ethane cracker capable of producing 1 million tonnes per annum tpa of ethylene. Axiall and lotte chemical announce louisiana ethane. Lotte chemical has an 88 percent stake in the ecc, while the remainder is held by the u. Lotte chemical usa begins operations at ethane cracker and meg. Usbased joint venture jv lotte chemical usa lc usa has begun commercial operations at its ethane cracker and monoethylene glycol. Lotte chemical eyeing production boost at us ethane cracker. Lotte chemical has achieved feedstock diversification by not only adding a c3lpg based ethylene production facitlity in yeosu plant, but also using natural gas as its feedstock in uzkor gas chemical and shale gas in the ethane cracking centerecc located in louisiana to produce ethylene. Officials with ptt global chemical america of thailand and daelim. Ptt global chemical america and daelim chemical usa on friday. Dilles bottom the companies that have proposed construction of an ethane cracker plant in belmont county began 2019 with environmental permits for construction in hand, but they still faced a.
218 915 1582 1541 293 271 169 89 1267 1282 711 345 18 199 1114 848 803 1604 138 1096 1171 567 269 854 1316 1174 876 870 301 146 1530 1128 562 1084 431 994 3 395 371 529 996 235