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LG Chem postpone Construction of its Kazakhstan Petrochemical Complex

South Korea based LG Chem has delayed the construction of new petrochemical complex. As per market source, petrochemical complex was scheduled to begin commercial operation from 2017 but due to some financial problem it will resume its operation from 2019.

Complex will be able to produce Ethylene around 840,000mt/year and Polyethylene around 800,000mt/year Polyethylene and located at Kazakhstan.