A source from South Korea’s Lotte Chemical informed SSESSMENTS.COM that the company will have new PE and PP plants operating in 2021 the earliest or by 2022.
The producer's new plants are as follow:
| Plant | Capacity (tons/year) |
|---|---|
| HDPE | 300,000 |
| LDPE/EVA | 350,000 |
| LLDPE/HDPE | 250,000 |
| PP | 450,000 |
