Lotte Chem has further delayed the restart of its cracker unit. The cracker was shutdown on March 4 due to an explosion happened at its cracker unit. The restart has now been delayed to mid of November and there are chances of getting delayed further. Lotte Chemical has two steam crackers. The company's other steam cracker in Yeosu is currently running at more than 100% of capacity due to positive petrochemical margins. 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.
