South Korea’s Lotte plans March, May Daesan MEG unit overhaul

14 February 2013 05:36  [Source: ICIS news]

(recasts paragraph two and three for clarity)

MELBOURNE (ICIS)--South Korea’s Lotte Chemical plans to shut its two monoethylene glycol (MEG) lines at Daesan in March and in May for maintenance, a company source said on Thursday.

The producer plans to shutdown its No 1 line, which can produce 250,000 tonnes/year of MEG, for 25 days staring 1 March, the source said.

The larger No 2 line, with an annual MEG capacity of 400,000 tonnes/year, will be shut between 20 April and 15 May for a turnaround, the source added.

Lotte Chemical, formerly known as Honam Petrochemical, is South Korea's largest MEG producer.

The company operates a second MEG plant in Yeosu. However, no maintenance shutdown has been planned for the Yeosu plant in 2013, the source said.

The three lines at Lotte Chemical's Yeosu plant have a combined MEG capacity of 400,000 tonnes/year.

By: Trisha Huang

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