# Lotte Chemical to expand ethylene capacity at Yeosu plant

Lotte Chemical announced it will invest about 300 billion won to expand its ethylene production capacity at the Yeosu plant from 1 million tons to 1.2 million tons per year by 2018. The expansion will also increase propylene capacity by 100,000 tons per year.

- Type: Expansion
- Announced: 2016-12-12
- Where: Yeosu, South Korea, South Korea
- Value: $255.0M (300.0B KRW)
- Starts operating: 2018
- Status: announced
- Capacity: ethylene: 200,000 tons/year; propylene: 100,000 tons/year
- Products: ethylene, propylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Lotte Chemical](https://endata.com/companies/2025.md)

## Sources

- [ir.newspim.com](https://ir.newspim.com/news/view/20161212000145), 2016-12-12: "롯데케미칼은 오는 2018년까지 여수 에틸렌 설비를 증설해, 이 공장에서 생산능력을 연 100만t에서 120만t으로 늘리기로 했다고 12일 밝혔다."
- [ir.newspim.com](https://ir.newspim.com/news/view/20161213000049), 2016-12-12: "원료 내재화와 수직 계열화라는 방향성에 부합하는 투자다."

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