# LG Chem to invest W2.61 trillion in Yeosu plant expansion

LG Chem announced a 2.61 trillion won investment to expand manufacturing facilities at its Yeosu plant, increasing NCC capacity by 800,000 tons and high-value metallocene polyolefin capacity by 800,000 tons. Production to begin by H2 2021.

- Type: Expansion
- Announced: 2018-07-23
- Where: Yeosu, South Jeolla Province, South Korea
- Value: $2.32B (2610.0B KRW)
- Jobs: 300
- Starts operating: Q3 2021
- Status: announced
- Capacity: NCC: 800,000 tons; metallocene polyolefin: 800,000 tons
- Products: naphtha cracking center products, metallocene polyolefin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [LG Chem](https://endata.com/companies/2456.md)

## Sources

- [koreaherald.com](https://www.koreaherald.com/article/1735577), 2018-07-23: "LG Chem announced Monday it will invest some 2.61 trillion won to expand manufacturing facilities to raise the capacities of the Naphtha Cracking Center and high value metallocene polyolefin by 800,000 tons each at its Yeosu plant in South Jeolla Province."

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