19 April 1999 00:00 [Source: ACN]
LG Chemical is debottlenecking its 100 000 tonne/year PVC joint-venture facility in Tianjin, China, to 140 000 tonne/year by year-end, and wants to further expand to a total of 250 000 tonne/year in 2002-03.
The debottlenecking is being carried out by LG Dagu, which comprises LG Chemical, LG International and Dagu Chemicals. However, partnership details for the expansion plans have yet to be finalised, an LG Chemical official said.
LG Chemical has a long-term interest in back-integrating to vinyl chloride monomer (VCM) production. A partnership with Dow Chemical has not been ruled out (ACN 10 Aug, p19). The US major is planning a cracker and derivatives complex in Tianjin.
However, the LG Chemical official said there are no concrete discussions with Dow at present as Dow's plans will not materialise until after 2005.
In South Korea, LG Chemical may consider expanding its VCM capacity by 100-200 000 tonne/year, instead of the originally planned 300 000 tonne/year, if its financial situation improves. The expansion is currently on hold in response to the Asian crisis.
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