S Korea’s LG Chem eyes new Daesan EVA plant start-up in Nov ‘13

23 April 2013 10:08  [Source: ICIS news]

SINGAPORE (ICIS)--South Korea’s LG Chemical aims to start commercial production at its new 140,000 tonne/year ethylene vinyl aceteate (EVA) plant at Daesan in November 2013, a company official said on Tuesday.

“We aim to start commercial production in November,” he said.

The plant will mainly produce EVA grades with 12-40% vinyl acetate (VA) content, according to the official.

These EVA grades go into the production of various products such as agricultural film, footwear, hot melt adhesives, wire and cable coatings as well as encapsulant film for solar panels.

“We will prioritise the domestic market first,” the official said in response to queries about the company’s potential export markets and volumes.

LG Chemical also operates an existing 20,000 tonne/year EVA plant at the same site which produces EVA with 12% VA content for agricultural film applications for the local market only.

Major EVA producers in Asia include Taiwan’s Formosa Plastics Corp (FPC) and USI Far East; South Korea’s Lotte Chemical Corp and Samsung Total; Japan’s Sumitomo Chemical, DuPont-Mitsui Polychemicals and Tosoh Corp; China’s BASF YPC (BYC), Beijing Organic and DuPont Packaging & Industrial Polymers; Singapore’s The Polyolefin Co (Singapore) and Thailand’s TPI Polene.

By: Helen Lee
+65 6780 4359

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