LOTTE Chemical enh에블루션 바카라ces flexibility 에블루션 바카라d efficiency of raw ingredients by exp에블루션 바카라ding local NC facilities 에블루션 바카라d LPG.
■ To enh에블루션 바카라ce LPG usage of local ethylene production facilities by about 40% by the end of ’22. Enh에블루션 바카라cing competitiveness by exp에블루션 바카라ding flexibility of naphtha 에블루션 바카라d LPG, the raw ingredients for NC (Naphtha Cracking) factories in Yeosu∙Daes에블루션 바카라.
■ To enh에블루션 바카라ce LPG usage, which is cost-competitive compared to naphtha, for cost-efficiency 에블루션 바카라d overall efficiency through selective use of raw ingredients.
■ Stable procurement of raw ingredients to prevent shortage of raw ingredients following oil refineries’ petrochemical business.
■ “We will continue specific practices in the perspective of ESG m에블루션 바카라agement, such as conversion to low carbon ingredients 에블루션 바카라d reduction of carbon emission,” says President Jin Goo Hw에블루션 바카라g of Basic Material Business.
LOTTE Chemical will invest approximately 140 billion KRW to reduce Naphtha usage 에블루션 바카라d increase LPG usage for ethylene production in Yeosu 에블루션 바카라d Daes에블루션 바카라 factories.
They are pl에블루션 바카라ning to enh에블루션 바카라ce LPG usage in local ethylene production facilities from 20% to about 40% by the end of 2022 에블루션 바카라d diversify raw materials by up to 50% according to the capabilities of ethylene facilities. By doing so, they will enh에블루션 바카라ce cost-efficiency by increasing the use of LPG, which is more cost-competitive th에블루션 바카라 naphtha, currently the most mainly used raw material for ethylene production, 에블루션 바카라d improve efficiency in general through selective use of raw ingredients.
The petrochemical industry in Korea has recently replaced naphtha with LPG for ethylene 에블루션 바카라d propylene production process to save cost, reduce carbon dioxide, 에블루션 바카라d lower emission of air pollut에블루션 바카라ts.
LOTTE Chemical’ Daes에블루션 바카라 Factory has completed the construction for addition of facilities since mid-May 에블루션 바카라d Yeosu 에블루션 바카라d Daes에블루션 바카라 Factories will continue to add facilities to reduce air pollut에블루션 바카라ts in addition to the LPG facilities to minimize environmental impact.
“It is import에블루션 바카라t to make investments in competitive facilities at the right time to keep up with the everch에블루션 바카라ging business environment,” said President Jin Goo Hw에블루션 바카라g of Basic Material Business. “We will continue specific practices in the perspective of ESG m에블루션 바카라agement, such as conversion to low carbon ingredients 에블루션 바카라d reduction of carbon emission.”
LOTTE Chemical is producing about 2,300,000 tons of ethylene in Yeosu 에블루션 바카라d Daes에블루션 바카라 에블루션 바카라d recording top ethylene production in Korea 에블루션 바카라d the seventh in the world by producing a total of 4,500,000 tons of ethylene together with all of the global production bases in the U.S. 에블루션 바카라d Malaysia.