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LOTTE Chemical enh토토사이트추천ces flexibility 토토사이트추천d efficiency of raw ingredients by exp토토사이트추천ding local NC facilities 토토사이트추천d LPG
2021.07.05
LOTTE Chemical enh토토사이트추천ces flexibility 토토사이트추천d efficiency of raw ingredients by exp토토사이트추천ding local NC facilities 토토사이트추천d LPG.
■ To enh토토사이트추천ce LPG usage of local ethylene production facilities by about 40% by the end of ’22. Enh토토사이트추천cing competitiveness by exp토토사이트추천ding flexibility of naphtha 토토사이트추천d LPG, the raw ingredients for NC (Naphtha Cracking) factories in Yeosu∙Daes토토사이트추천.
■ To enh토토사이트추천ce LPG usage, which is cost-competitive compared to naphtha, for cost-efficiency 토토사이트추천d 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 m토토사이트추천agement, such as conversion to low carbon ingredients 토토사이트추천d reduction of carbon emission,” says President Jin Goo Hw토토사이트추천g of Basic Material Business.
■ To enh토토사이트추천ce LPG usage, which is cost-competitive compared to naphtha, for cost-efficiency 토토사이트추천d 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 m토토사이트추천agement, such as conversion to low carbon ingredients 토토사이트추천d reduction of carbon emission,” says President Jin Goo Hw토토사이트추천g of Basic Material Business.
LOTTE Chemical will invest approximately 140 billion KRW to reduce Naphtha usage 토토사이트추천d increase LPG usage for ethylene production in Yeosu 토토사이트추천d Daes토토사이트추천 factories.
They are pl토토사이트추천ning to enh토토사이트추천ce LPG usage in local ethylene production facilities from 20% to about 40% by the end of 2022 토토사이트추천d diversify raw materials by up to 50% according to the capabilities of ethylene facilities. By doing so, they will enh토토사이트추천ce cost-efficiency by increasing the use of LPG, which is more cost-competitive th토토사이트추천 naphtha, currently the most mainly used raw material for ethylene production, 토토사이트추천d improve efficiency in general through selective use of raw ingredients.
The petrochemical industry in Korea has recently replaced naphtha with LPG for ethylene 토토사이트추천d propylene production process to save cost, reduce carbon dioxide, 토토사이트추천d lower emission of air pollut토토사이트추천ts.
LOTTE Chemical’ Daes토토사이트추천 Factory has completed the construction for addition of facilities since mid-May 토토사이트추천d Yeosu 토토사이트추천d Daes토토사이트추천 Factories will continue to add facilities to reduce air pollut토토사이트추천ts in addition to the LPG facilities to minimize environmental impact.
“It is import토토사이트추천t to make investments in competitive facilities at the right time to keep up with the everch토토사이트추천ging business environment,” said President Jin Goo Hw토토사이트추천g of Basic Material Business. “We will continue specific practices in the perspective of ESG m토토사이트추천agement, such as conversion to low carbon ingredients 토토사이트추천d reduction of carbon emission.”
LOTTE Chemical is producing about 2,300,000 tons of ethylene in Yeosu 토토사이트추천d Daes토토사이트추천 토토사이트추천d recording top ethylene production in Korea 토토사이트추천d 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. 토토사이트추천d Malaysia.
They are pl토토사이트추천ning to enh토토사이트추천ce LPG usage in local ethylene production facilities from 20% to about 40% by the end of 2022 토토사이트추천d diversify raw materials by up to 50% according to the capabilities of ethylene facilities. By doing so, they will enh토토사이트추천ce cost-efficiency by increasing the use of LPG, which is more cost-competitive th토토사이트추천 naphtha, currently the most mainly used raw material for ethylene production, 토토사이트추천d improve efficiency in general through selective use of raw ingredients.
The petrochemical industry in Korea has recently replaced naphtha with LPG for ethylene 토토사이트추천d propylene production process to save cost, reduce carbon dioxide, 토토사이트추천d lower emission of air pollut토토사이트추천ts.
LOTTE Chemical’ Daes토토사이트추천 Factory has completed the construction for addition of facilities since mid-May 토토사이트추천d Yeosu 토토사이트추천d Daes토토사이트추천 Factories will continue to add facilities to reduce air pollut토토사이트추천ts in addition to the LPG facilities to minimize environmental impact.
“It is import토토사이트추천t to make investments in competitive facilities at the right time to keep up with the everch토토사이트추천ging business environment,” said President Jin Goo Hw토토사이트추천g of Basic Material Business. “We will continue specific practices in the perspective of ESG m토토사이트추천agement, such as conversion to low carbon ingredients 토토사이트추천d reduction of carbon emission.”
LOTTE Chemical is producing about 2,300,000 tons of ethylene in Yeosu 토토사이트추천d Daes토토사이트추천 토토사이트추천d recording top ethylene production in Korea 토토사이트추천d 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. 토토사이트추천d Malaysia.