# Lotte Fine Chemical expands Hescelose plant in Ulsan, South Korea

Lotte Fine Chemical is completing a 45 billion KRW expansion of its Hescelose plant in Ulsan, increasing annual production capacity from 10,000 tons to 19,000 tons. Commercial production is expected to start by the end of 2018.

- Type: Expansion
- Announced: 2018-11-02
- Where: Ulsan, South Korea
- Value: $40.0M (45.0B KRW)
- Starts operating: 2018
- Status: under construction
- Capacity: 19,000 tons per year
- Products: Hescelose (water-soluble paint additive)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [LOTTE Fine Chemical](https://endata.com/companies/8859.md)

## Sources

- [usmbc.co.kr](https://www.usmbc.co.kr/NewsArticle/768630), 2018-11-02: "롯데정밀화학이 수용성 페인트 첨가제로 사용되는 헤셀로스 울산공장 증설 작업을 올해안에 마무리하고 상업생산에 들어갈 예정입니다."

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