LG Chem completes PVC plant in China

08-Sep-07
LG Chem, South Korea's largest chemicals maker, has completed construction of a PVC plant in China at an investment of US$300 mln (281 bln won). With this new capacity, LG Chem's annual PVC output will total to 920,000 tons. LG Bohai, located in Tianjin Province will produce about 350,000 tpa of VCM and 300,000 tpa of EDC. This will peg LG Chem as the world's sixth largest in terms of PVC annual output. LG Bohai will receive ethylene from LG Chem's Daesan factory and produce VCM, all of which will be delivered to LG Dagu, the South Korean chemical company's PVC unit in China, according to the spokesman.
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