Polycarbonate and meta Xylene capacity addition
Lotte Chemicals is planning to invest 370 billion won (USD 326 million) to expand its polycarbonate (PC) and meta-xylene capacity. This investment will increase the installed capacity of PC in Yeosu, South Korea by 110 KT, taking Lotte’s total installed capacity to 450 KT making it one of the largest players in the world.Both the plants are scheduled to be completed by second half of 2019. As per CEO Kim Kyo-hyun, these investments would help Lotte Chemical to build a stable business environment and strengthen business competitiveness.
*Polycarbonate and meta xylene capacity addition Lotte Chemicals 2017
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