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Issue 10, 2019 - Rakuten Chemical America's ethylene cracking plant will be operational

 Last Update: 2022-11-11
 Source: Internet
 Author: User

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Rakuten Chemical U.
S.
ethylene cracking plant will be operational
May 10, and Lotte Chemical said it expects to begin commercial operations
within May.

The plant is a joint venture between Lotte Chemical and Axiall Corporation (Axiall is now merged with Westlake Corporation).

Lotte Chemical holds 88 percent of the plant, while Westlake holds the rest of the plant
.
The plant has the capacity to produce 1 million tons of ethylene per year, bringing Rakuten Chemical's global ethylene production to 4.
5 million tons
.
With the plant on stream, the Korean company hopes to improve cost competitiveness
by diversifying production.

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