South Korean firm Lotte Chemical is likely to start its fire-hit naphtha-fed steam cracker in Daesan in next week. Earlier the unit was scheduled to resume its production in mid of November but it was further delayed. Lotte Chemical has plans for the cracker to operate as per normal by the end of 2020.
Lotte Chemical has two steam crackers. The steam cracker in Daesan has a production capacity of 1.1 million mt/year of ethylene, 550,000 mt/year of propylene and 150,000 mt/year of butadiene, while the Yeosu steam cracker is able to produce 1.18 million mt/year of ethylene, 550,000 mt/year of propylene and 130,000 mt/year of butadiene.