# LG Chem to double ABS output at Chinese joint venture plant by 2018

LG Chem will invest $100 million to double ABS production capacity at its joint venture plant in Guangdong, China, from 150,000 to 300,000 tonnes per year by 2018.

- Type: Expansion
- Announced: 2016-11-07
- Where: Guangdong, China
- Value: $100.0M
- Starts operating: 2018
- Status: announced
- Capacity: 300,000 tonnes per year
- Products: ABS plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [LG Chem](https://endata.com/companies/2456.md)
- [China National Offshore Oil Corporation](https://endata.com/companies/11787.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/article/business/energy/refile-skoreas-lg-chem-to-double-abs-output-at-chinese-petrochemical-plant-by-idUSL4N1D50I4/), 2016-11-08: "LG Chem plans to lift the production capacity by 150,000 tonnes to 300,000 tonnes per year at its plant in the southern Chinese province of Guangdong."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.