# LG MMA to spend 130 bln won expanding MMA facility in South Korea

LG MMA Co., a unit of LG Chem, will spend about 130 billion won ($116 million) to expand its facility in South Korea to increase methylmethacrylate (MMA) output from 180,000 to 260,000 tons by 2019.

- Type: Expansion
- Announced: 2017-05-31
- Where: South Korea, South Korea
- Value: $116.0M (130.0B KRW)
- Starts operating: Q3 2018
- Status: announced
- Capacity: 260,000 tons of MMA per year
- Products: methylmethacrylate (MMA)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LG MMA](https://endata.com/companies/24588.md)
- [LG Chem](https://endata.com/companies/2456.md) (investor)
- [Sumitomo Chemical](https://endata.com/companies/20503.md) (partner)
- [Japan Catalyst Inc.](https://endata.com/companies/24589.md) (partner)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20170531003300320), 2017-05-31: "LG MMA Co., a unit of South Korea's leading chemicals firm LG Chem Ltd., said Wednesday it will spend some 130 billion won (US$116 million) to expand its facility in the country to meet growing demand for methylmethacrylate."
- [koreaherald.com](https://www.koreaherald.com/article/1340660), 2017-05-31: "LG MMA expects its annual produce to increase from the current 180,000 tons to 260,000 tons, when the expansion work is completed in 2019."
- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/english/7844649), 2017-06-01: "LG MMA said Wednesday it decided to expand its Yeosu plant on the southern coast and the total MMA output will rise from current 180,000 metric tons to 260,000 metric tons after it completes the expansion by the first half of 2018 as planned."

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