Lotte Chemical recently shown interest in purchase of Jurong Aromatics Corp unit. The company has submitted the documents for the same. The company has declared that it has submitted the documents for the same. JAC last July restarted its $2.4-billion refining and petrochemical complex on Jurong Island, Singapore, after being shutdown since December 2014 on a technical issue. The aromatics complex comprises a 100,000-b/d condensate splitter, and has a production capacity of 800,000 t/y of paraxylene, 438,000 t/y of benzene and 200,000 t/y of orthoxylene.
